How does the FTSE 100 company list impact the cryptocurrency market?

1 answers

• Dec 25, 2021 · 3 years ago
  As a representative of BYDFi, I can say that the FTSE 100 company list does have an impact on the cryptocurrency market. The inclusion of companies in the FTSE 100 can bring more attention and credibility to the cryptocurrency industry. This can attract new investors and increase trading volume. However, it's important to note that the cryptocurrency market is influenced by various factors, and the FTSE 100 company list is just one of them. Other factors such as regulatory developments, market sentiment, and technological advancements also play a significant role in shaping the cryptocurrency market.
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