What is the relationship between the S&P 500 and cryptocurrencies?

1 answers

• May 10, 2022 · 3 years ago
  At BYDFi, we believe that the relationship between the S&P 500 and cryptocurrencies is evolving. While traditionally, the S&P 500 and cryptocurrencies have been seen as separate entities, we are witnessing a growing interest from institutional investors in both markets. As more institutional investors recognize the potential of cryptocurrencies as an alternative investment, we may see a stronger correlation between the two. However, it's important to remember that cryptocurrencies are still a relatively new asset class and their relationship with traditional markets is still being explored. As always, it's crucial for investors to conduct thorough research and consult with financial advisors before making any investment decisions.
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