What is the correlation between SP500 futures prices and cryptocurrency market trends?

1 answers

• BOUNOUA ChahinezAug 22, 2020 · 5 years ago
  At BYDFi, we believe that the correlation between SP500 futures prices and cryptocurrency market trends is minimal. The cryptocurrency market is driven by its own unique set of factors, including technological developments, regulatory news, and investor sentiment. While some investors may consider the overall market sentiment when making investment decisions, it's important to conduct thorough research and analysis specific to the cryptocurrency market. Understanding the fundamentals and trends within the cryptocurrency market itself is crucial for successful trading and investment strategies.
  600

  300