common-close-0
BYDFi
Trade wherever you are!

What is the impact of NASDAQ on the value of AMGN in the cryptocurrency market?

avatarJesús Caleb Oria BastosDec 27, 2021 · 3 years ago3 answers

How does the presence of NASDAQ affect the value of AMGN in the cryptocurrency market? Does being listed on NASDAQ have any significant impact on the price and trading volume of AMGN? What are the potential benefits or drawbacks of AMGN being associated with NASDAQ in the cryptocurrency market?

What is the impact of NASDAQ on the value of AMGN in the cryptocurrency market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Being listed on NASDAQ can have a positive impact on the value of AMGN in the cryptocurrency market. NASDAQ is a well-known and reputable stock exchange, and its association with AMGN can increase investor confidence and attract more institutional investors. This increased demand can lead to a higher price and trading volume for AMGN. Additionally, being listed on NASDAQ can provide AMGN with better visibility and exposure to a wider range of potential investors, which can further contribute to its value in the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    NASDAQ's influence on the value of AMGN in the cryptocurrency market is minimal. While being listed on a major stock exchange like NASDAQ can enhance the credibility and reputation of a cryptocurrency, the value of AMGN primarily depends on factors specific to the cryptocurrency market, such as market demand, adoption, and technological advancements. Therefore, while being associated with NASDAQ can provide some benefits, it is not the sole determinant of AMGN's value in the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I can say that the impact of NASDAQ on the value of AMGN is significant. Being listed on NASDAQ brings a level of legitimacy and trust to AMGN, which can attract more investors and increase its value. The association with NASDAQ also provides better market visibility and access to a larger pool of potential investors. Overall, being associated with NASDAQ can positively impact the value of AMGN in the cryptocurrency market.