How does the STI index affect the value of cryptocurrencies?

1 answers

• Dec 15, 2021 · 3 years ago
  The STI index is a stock market index in Singapore, and its impact on the value of cryptocurrencies is limited. Cryptocurrencies are driven by a variety of factors, including market demand, technological advancements, and regulatory developments. While the performance of the stock market can influence investor sentiment, it is not the primary driver of cryptocurrency value. It's important to analyze the specific factors that affect cryptocurrencies and not rely solely on the STI index when making investment decisions in the cryptocurrency market.
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