What is the correlation between the Google stock price and the value of cryptocurrencies?

1 answers

• May 11, 2022 · 3 years ago
  The correlation between the Google stock price and the value of cryptocurrencies is an interesting topic. While there may be some correlation between the two, it's important to note that the cryptocurrency market is influenced by a wide range of factors, including market demand, regulatory developments, technological advancements, and investor sentiment. While the performance of Google's stock can have some indirect impact on the cryptocurrency market, it is just one piece of the puzzle. It's crucial to consider the overall market dynamics and not solely rely on the correlation with Google's stock price when making investment decisions in cryptocurrencies.
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