starryskyDec 27, 2021 · 3 years ago3 answers Are there any cryptocurrencies that have a negative correlation with traditional financial markets?
Can you provide information on cryptocurrencies that exhibit a negative correlation with traditional financial markets? I am interested in knowing if there are any digital currencies that tend to move in the opposite direction of traditional assets such as stocks, bonds, and commodities. It would be helpful to understand if there are any cryptocurrencies that can potentially serve as a hedge against market downturns or provide diversification benefits. Please provide details on any specific cryptocurrencies that fit this criteria and explain the reasons behind their negative correlation with traditional financial markets.