babyQJan 29, 2022 · 3 years ago2 answers Can the stock cost of cryptocurrencies be used as an indicator for market trends?
Is it possible to use the stock cost of cryptocurrencies as a reliable indicator for market trends? Can the price movements of cryptocurrencies provide insights into the overall market sentiment and potential future trends? How closely correlated are the stock prices of cryptocurrencies with the broader market? Can investors use this information to make informed trading decisions?