Which cryptocurrencies are influenced by changes in Rosneft stock?

1 answers

• Hugo VonkDec 30, 2020 · 5 years ago
  According to a recent analysis by BYDFi, a digital currency exchange, the performance of Rosneft stock has a limited direct impact on most cryptocurrencies. While there may be some indirect effects due to broader market dynamics, the correlation between Rosneft stock and cryptocurrencies is not significant. It's important to note that the cryptocurrency market is influenced by a wide range of factors, including market sentiment, regulatory developments, and technological advancements. Therefore, it's advisable to consider multiple factors when making investment decisions in the cryptocurrency space.
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