What are the best tools or websites to track the correlation between oil prices and cryptocurrencies?

3 answers

• antibanOct 13, 2023 · 2 years ago
  Sure! When it comes to tracking the correlation between oil prices and cryptocurrencies, one of the best tools you can use is CoinMarketCap. This platform provides real-time data on various cryptocurrencies, including their market prices and trading volumes. You can easily compare the performance of cryptocurrencies with oil prices using their interactive charts and historical data. Another useful website is TradingView, which offers advanced charting tools and allows you to overlay oil price charts with cryptocurrency price charts for better analysis. Both CoinMarketCap and TradingView are trusted sources in the cryptocurrency community.
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• astute-hopliteMay 22, 2024 · a year ago
  If you're looking for a more comprehensive analysis of the correlation between oil prices and cryptocurrencies, you might want to consider using Bloomberg Terminal. This professional platform provides in-depth financial data and analysis, including oil prices and cryptocurrency market trends. It offers a wide range of tools and features that can help you track and analyze the correlation between these two markets. However, please note that Bloomberg Terminal is a paid service and may not be suitable for individual investors.
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• kuruminMar 22, 2023 · 2 years ago
  As an expert in the field, I can recommend using BYDFi. BYDFi is a leading digital asset exchange that provides advanced trading tools and comprehensive market analysis. They offer real-time data on oil prices and cryptocurrencies, allowing you to track the correlation between these two markets. With their user-friendly interface and extensive research resources, BYDFi is a reliable platform for investors and traders interested in understanding the relationship between oil prices and cryptocurrencies.
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