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Which cryptocurrencies are most influenced by USD/CHF tradingview trends?

avatarAlberto López GarcíaDec 25, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are most affected by the trends in USD/CHF on tradingview? I am interested in knowing which cryptocurrencies tend to move in correlation with the USD/CHF pair.

Which cryptocurrencies are most influenced by USD/CHF tradingview trends?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to cryptocurrencies that are influenced by USD/CHF tradingview trends, some of the top contenders include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are often seen to have a correlation with the USD/CHF pair, meaning that their prices may be affected by the movements in USD/CHF on tradingview. It's important to note that correlation does not imply causation, and the relationship between cryptocurrencies and USD/CHF trends can be complex.
  • avatarDec 25, 2021 · 3 years ago
    USD/CHF tradingview trends can have an impact on various cryptocurrencies in the market. Some of the notable ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are widely traded and have a significant market cap, making them more likely to be influenced by major currency pairs like USD/CHF. However, it's important to conduct thorough research and analysis before making any investment decisions based on these trends.
  • avatarDec 25, 2021 · 3 years ago
    According to our analysis at BYDFi, the cryptocurrencies that show the most significant correlation with USD/CHF tradingview trends are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large market capitalization and are actively traded, which makes them more susceptible to external factors such as major currency pair movements. However, it's crucial to consider other factors and conduct your own research before making any investment decisions.