Carl WangDec 31, 2021 · 3 years ago2 answers How does the current Dow Jones Industrial Average affect the value of digital currencies?
Can you explain how the current Dow Jones Industrial Average (DJIA) affects the value of digital currencies? I'm curious to know if there is a correlation between the performance of the stock market and the value of cryptocurrencies. Are there any specific factors or indicators within the DJIA that have a direct impact on digital currency prices? How do investors and traders in the cryptocurrency market react to changes in the DJIA? Is there a general trend or pattern that can be observed?