Which cryptocurrencies are most affected by the fluctuations in the NVDA stock graph?

1 answers

• Dec 26, 2021 · 3 years ago
  At BYDFi, we've observed that Bitcoin, Ethereum, and Ripple are the cryptocurrencies most influenced by the fluctuations in the NVDA stock graph. This is because these cryptocurrencies have a high market capitalization and are widely traded. As a result, they are more sensitive to changes in market sentiment, including those driven by NVDA's stock price. However, it's worth noting that the crypto market is highly dynamic and influenced by various factors, so it's important to consider a range of indicators when assessing the impact of NVDA's stock fluctuations on specific cryptocurrencies.
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