How does the NDX 100 chart affect the performance of digital currencies?
Gunnar SutterDec 25, 2021 · 3 years ago1 answers
Can you explain the relationship between the NDX 100 chart and the performance of digital currencies? How does the movement of the NDX 100 index impact the value and trading volume of cryptocurrencies?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, we closely monitor the relationship between the NDX 100 chart and digital currencies. While there may be some correlation between the two, it's crucial to remember that correlation does not imply causation. The performance of digital currencies is influenced by a wide range of factors, and it's essential to conduct thorough research and analysis before making any investment decisions.
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