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Which cryptocurrencies are correlated with the live prices of S&P futures?

avatarLykke MckeeDec 27, 2021 · 3 years ago3 answers

I would like to know which cryptocurrencies have a correlation with the live prices of S&P futures. Can you provide a list of cryptocurrencies that show a significant correlation with the S&P futures prices?

Which cryptocurrencies are correlated with the live prices of S&P futures?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! When it comes to cryptocurrencies that are correlated with the live prices of S&P futures, Bitcoin and Ethereum are the two most notable ones. These two cryptocurrencies have shown a relatively strong correlation with the S&P futures prices over time. It's important to note that correlation doesn't imply causation, but the correlation between these cryptocurrencies and the S&P futures prices can be an interesting factor to consider when analyzing the market.
  • avatarDec 27, 2021 · 3 years ago
    Well, if you're looking for cryptocurrencies that move in sync with the live prices of S&P futures, you can't ignore Bitcoin and Ethereum. These two giants of the crypto world have often shown a correlation with the S&P futures prices. However, it's worth mentioning that correlation doesn't necessarily mean that one directly affects the other. It's just an observation that these cryptocurrencies and the S&P futures prices tend to move in a similar direction at times.
  • avatarDec 27, 2021 · 3 years ago
    Ah, the correlation between cryptocurrencies and the live prices of S&P futures! It's an interesting topic indeed. While Bitcoin and Ethereum are the most commonly mentioned cryptocurrencies in this context, it's important to note that correlation doesn't always hold true. However, it's worth keeping an eye on these two cryptocurrencies as they have shown some correlation with the S&P futures prices in the past. Remember, correlation is just one piece of the puzzle when it comes to analyzing the market.