How does the LGEN share price correlate with the value of digital currencies?

1 answers

• May 23, 2022 · 3 years ago
  As a representative from BYDFi, I can provide some insights into the correlation between the LGEN share price and the value of digital currencies. While LGEN is not directly involved in the digital currency market, the overall performance of digital currencies can have an indirect impact on investor sentiment and market conditions. If digital currencies experience a significant rise or fall in value, it can create a ripple effect in the financial markets, including the stock market. This can influence investor confidence and potentially affect the share price of companies like LGEN. However, it's important to note that the correlation may not always be strong or immediate, as there are multiple factors at play in the stock market.
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