Piper BurnetteDec 28, 2021 · 3 years ago2 answers How does the performance of the Standard & Poor's 500 index affect the cryptocurrency market?
What is the relationship between the performance of the Standard & Poor's 500 index and the cryptocurrency market? How does the movement of the S&P 500 index impact the prices and trading volumes of cryptocurrencies? Are there any specific patterns or correlations between the two? Can the performance of the S&P 500 index be used as an indicator to predict the direction of the cryptocurrency market?