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What are the top cryptocurrencies that are correlated with GOOGL ticker?

avatarBill LeeDec 16, 2021 · 3 years ago3 answers

Can you provide a list of the top cryptocurrencies that have a correlation with the GOOGL ticker?

What are the top cryptocurrencies that are correlated with GOOGL ticker?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When it comes to cryptocurrencies that are correlated with the GOOGL ticker, some of the top options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have shown a historical correlation with the performance of the GOOGL stock. It's important to note that correlation doesn't imply causation, but it can be an interesting factor to consider when analyzing the market.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! The top cryptocurrencies that have a correlation with the GOOGL ticker are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have shown a tendency to move in a similar direction as the GOOGL stock. However, it's crucial to conduct thorough research and analysis before making any investment decisions based solely on correlation.
  • avatarDec 16, 2021 · 3 years ago
    Certainly! When it comes to cryptocurrencies that are correlated with the GOOGL ticker, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are among the top choices. These cryptocurrencies have demonstrated a relationship with the performance of the GOOGL stock. However, it's important to remember that correlation doesn't guarantee future performance, and it's always recommended to diversify your investment portfolio.