Richardson HutchisonJun 09, 2022 · 3 years ago3 answers How does the S&P 500 performance impact the price of cryptocurrencies tomorrow?
Can the performance of the S&P 500 index affect the price of cryptocurrencies in the future? How are these two seemingly unrelated markets connected, and what factors contribute to their correlation? Is there a direct cause-and-effect relationship between the S&P 500 performance and the price movements of cryptocurrencies? How does investor sentiment in the stock market influence the demand for cryptocurrencies? Are there any historical trends or patterns that suggest a relationship between the S&P 500 and cryptocurrency prices in the short-term?