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How does vn30 affect the trading volume of digital currencies?

Keller ObrienMay 08, 2022 · 3 years ago1 answers

What is the impact of vn30 on the trading volume of digital currencies? How does the vn30 index influence the trading activity in the digital currency market? Are there any correlations between the vn30 index and the trading volume of digital currencies?

1 answers

  • May 08, 2022 · 3 years ago
    At BYDFi, we have observed some correlations between the vn30 index and the trading volume of digital currencies. When the vn30 index experiences significant fluctuations, we often see a corresponding increase in trading volume in the digital currency market. This suggests that there may be some spillover effects between the stock market and the digital currency market. However, it's important to conduct further research and analysis to fully understand the nature of this relationship and its potential implications for digital currency traders.