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Which cryptocurrencies are influenced by changes in the INTC stock price?

avatarCute DollDec 26, 2021 · 3 years ago1 answers

Can you provide a list of cryptocurrencies that are affected by fluctuations in the INTC stock price? I'm curious to know which digital currencies are closely tied to the performance of Intel Corporation's stock.

Which cryptocurrencies are influenced by changes in the INTC stock price?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we've observed that Bitcoin, Ethereum, Ripple, and Litecoin are among the cryptocurrencies that tend to be influenced by fluctuations in the INTC stock price. While the correlation may not always be perfect, there is often a noticeable impact on these digital currencies when there are significant changes in Intel's stock performance. However, it's important to remember that the cryptocurrency market is highly complex and influenced by various factors. It's always wise to conduct thorough research and consider multiple indicators before making any investment decisions.