How does the performance of AAPL on the NYSE correlate with the cryptocurrency market?

1 answers

• Feb 18, 2022 · 3 years ago
  The performance of AAPL on the NYSE can have an indirect impact on the cryptocurrency market. When AAPL stock performs well, it can attract more investors to the stock market in general. This increased investor participation can spill over into the cryptocurrency market, leading to increased demand and potentially higher prices. However, it's important to note that the cryptocurrency market is influenced by a wide range of factors, including market sentiment, regulatory developments, and technological advancements. Therefore, while there may be some correlation between AAPL's performance and the cryptocurrency market, it is not the sole determining factor.
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