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Which cryptocurrencies have shown similar trends to the Russell 2000 index?

Tejaswini SarwadeMar 31, 2022 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that have exhibited similar trends to the Russell 2000 index? I'm interested in knowing which digital currencies have shown correlation with the performance of the Russell 2000 index.

Cryptocurrencies
Russell 2000 Index
Correlation

3 answers

  • stuard moraSep 01, 2024 · 9 months ago
    Certainly! Several cryptocurrencies have shown similar trends to the Russell 2000 index. Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are among the digital currencies that have exhibited correlation with the performance of the Russell 2000 index. It's important to note that correlation does not imply causation, but these cryptocurrencies have shown some degree of similarity in their price movements.
  • Nandhini DanduFeb 10, 2023 · 2 years ago
    Oh yeah, there are definitely some cryptocurrencies that have moved in sync with the Russell 2000 index. Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are the big players that have shown some correlation. Keep in mind that correlation doesn't mean one causes the other, but it's interesting to see how these digital currencies have moved alongside the Russell 2000 index.
  • Dowling RalstonNov 07, 2024 · 7 months ago
    According to my analysis, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) have demonstrated similar trends to the Russell 2000 index. These cryptocurrencies have shown some level of correlation with the performance of the index. It's always fascinating to observe how different markets can influence each other.

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