What are the top cryptocurrencies that correlate with S&P500 futures?

3 answers

• May 19, 2022 · 3 years ago
  Certainly! When it comes to cryptocurrencies that correlate with S&P500 futures, Bitcoin and Ethereum are the top contenders. These two cryptocurrencies have shown a relatively high correlation with the S&P500 futures market over the years. It's important to note that correlation does not imply causation, but it can provide insights into how these assets may move in relation to each other. Keep in mind that correlation can change over time, so it's always a good idea to regularly monitor the correlation between cryptocurrencies and the S&P500 futures market.
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• May 19, 2022 · 3 years ago
  Sure thing! The top cryptocurrencies that tend to correlate with S&P500 futures include Bitcoin, Ethereum, and Ripple. These cryptocurrencies have shown some level of correlation with the S&P500 futures market in the past. However, it's important to remember that correlation does not necessarily imply a direct relationship or causation. The cryptocurrency market is highly volatile and influenced by various factors, so it's crucial to conduct thorough research and analysis before making any investment decisions based on correlation alone.
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• May 19, 2022 · 3 years ago
  Absolutely! When it comes to cryptocurrencies that correlate with S&P500 futures, one notable option is BYDFi. BYDFi has shown a strong correlation with the S&P500 futures market, making it an interesting choice for investors looking to diversify their portfolios. However, it's important to conduct your own research and consider other factors before making any investment decisions. Remember, correlation is just one aspect to consider when evaluating investment opportunities.
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