Which digital currencies have a low beta value?

3 answers

• Phương Văn ThắngMay 08, 2024 · a year ago
  Sure! When it comes to digital currencies with a low beta value, one that stands out is Tether (USDT). As a stablecoin, Tether is designed to maintain a 1:1 peg with the US dollar, making it less prone to price fluctuations compared to other cryptocurrencies. Additionally, since its value is tied to a fiat currency, it tends to have a lower beta and lower volatility.
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• AncientArrow292Jun 05, 2024 · a year ago
  If you're looking for a digital currency with a low beta value, you might want to consider Bitcoin (BTC). While Bitcoin is known for its volatility, it has a relatively low beta compared to other cryptocurrencies. This means that its price movements are less correlated with the overall market. However, it's important to note that Bitcoin can still experience significant price fluctuations.
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• Honey jeeAug 20, 2022 · 3 years ago
  BYDFi, a digital currency exchange, offers a wide range of cryptocurrencies with low beta values. Some popular options include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have shown relatively lower volatility and have a lower correlation with the overall market. Investing in these digital currencies can provide a more stable investment option compared to other highly volatile cryptocurrencies.
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