What are the correlations between S&P 400 futures and cryptocurrency prices?

Bruhn GregersenDec 15, 2021 · 3 years ago1 answers

Can you explain the relationship between S&P 400 futures and cryptocurrency prices? How do they influence each other?

What are the correlations between S&P 400 futures and cryptocurrency prices?

S&P 400 Futures

1 answers

Dec 15, 2021 · 3 years ago
At BYDFi, we believe that the correlations between S&P 400 futures and cryptocurrency prices are limited. While there may be some indirect influences, such as investor sentiment or macroeconomic factors, the two markets operate independently. Cryptocurrencies have their own unique characteristics and are influenced by factors specific to the digital asset space. It's important to approach the analysis of correlations between S&P 400 futures and cryptocurrency prices with caution and consider the individual dynamics of each market.

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