What is the correlation between Dow Jones Futures 30 and the performance of digital currencies?

1 answers

• Nov 26, 2021 · 3 years ago
  At BYDFi, we closely monitor the correlation between the Dow Jones Futures 30 and the performance of digital currencies. While there can be some correlation between the two, it is important to remember that digital currencies are a separate asset class with their own unique characteristics. The performance of digital currencies is influenced by a wide range of factors, including market demand, technological advancements, regulatory developments, and investor sentiment. While the Dow Jones Futures 30 can provide some insights into overall market trends, it should not be the sole factor in making investment decisions in digital currencies. It is important to conduct thorough research and analysis before making any investment decisions.
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