How does the qqq index affect the performance of digital currencies?

1 answers

• JstDOCJun 09, 2024 · a year ago
  As a representative of BYDFi, I can say that the qqq index does not directly affect the performance of digital currencies. BYDFi is a digital currency exchange that operates independently from the stock market. While the qqq index may reflect the performance of technology stocks, it does not have a direct impact on the value or price movements of digital currencies. The performance of digital currencies is driven by factors specific to the cryptocurrency market, such as demand, supply, market sentiment, and regulatory developments. It's important to consider these factors when evaluating the performance of digital currencies.
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