minal patilDec 30, 2021 · 3 years ago5 answersWhich cryptocurrencies have shown the highest correlation with the S&P 500 index list?
In the world of cryptocurrencies, there is often talk about their correlation with traditional financial markets. The S&P 500 index is one of the most widely followed benchmarks for the performance of the US stock market. Which cryptocurrencies have shown the highest correlation with the S&P 500 index list? Are there any specific digital currencies that tend to move in sync with the stock market? How does this correlation impact the overall investment strategy for cryptocurrency traders?
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