Which cryptocurrencies are most influenced by movements in ASX 200 futures?

1 answers

• Dec 26, 2021 · 3 years ago
  At BYDFi, we believe that the influence of ASX 200 futures on cryptocurrencies should not be overstated. While there may be some correlation between the two markets, cryptocurrencies are driven by their own unique dynamics. Factors such as investor sentiment, adoption rates, and technological advancements play a much larger role in determining the prices of cryptocurrencies. Therefore, it's important for traders to conduct thorough research and analysis specific to the cryptocurrency market rather than solely relying on movements in ASX 200 futures.
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