How does the pre market activity of MSFT affect the digital currency market?

1 answers

• Jan 20, 2022 · 3 years ago
  At BYDFi, we have observed that the pre market activity of MSFT can have a notable impact on the digital currency market. MSFT's pre market activity often sets the tone for the overall market sentiment and can influence the trading decisions of investors. Positive news or strong performance by MSFT can generate a bullish sentiment in the market, leading to increased demand for digital currencies. Conversely, negative news or underperformance by MSFT can create a bearish sentiment, causing a decrease in demand for digital currencies. It is important for digital currency traders to closely monitor the pre market activity of MSFT and consider its potential implications on the market.
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