Which cryptocurrencies are most affected by Nasdaq analysis?
QA EngineerMay 09, 2022 · 3 years ago1 answers
Can you provide a list of cryptocurrencies that are most influenced by Nasdaq analysis? I'm interested in knowing which cryptocurrencies tend to have their prices affected by the analysis and announcements made by Nasdaq.
1 answers
- May 09, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the cryptocurrencies most affected by Nasdaq analysis are Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies have a large market capitalization and are widely traded on various exchanges. Nasdaq analysis can have a significant impact on their prices due to the influence it holds in the financial market. However, it's important to consider that the cryptocurrency market is highly volatile, and prices can be influenced by a multitude of factors. Therefore, it's always advisable to diversify your investment portfolio and not solely rely on Nasdaq analysis when making trading decisions.
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