Which cryptocurrencies are most affected by the heavy tech influence on NASDAQ?

3 answers

• Nov 24, 2021 · 3 years ago
  Cryptocurrencies that are most affected by the heavy tech influence on NASDAQ are those that have strong ties to the technology sector. This includes cryptocurrencies like Ethereum (ETH), which is the second-largest cryptocurrency by market capitalization and is widely used for smart contracts and decentralized applications. The heavy tech influence on NASDAQ can impact the price and adoption of Ethereum, as it is closely related to the development of blockchain technology and the tech industry as a whole.
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• Nov 24, 2021 · 3 years ago
  When it comes to the heavy tech influence on NASDAQ, cryptocurrencies like Ripple (XRP) and Stellar (XLM) are also likely to be affected. These cryptocurrencies have partnerships with major tech companies and financial institutions, and any significant developments or news related to these partnerships can influence their prices. Additionally, cryptocurrencies that are used for cross-border payments and remittances, such as Ripple and Stellar, can be impacted by the tech influence on NASDAQ, as it affects the overall sentiment towards digital currencies.
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• Nov 24, 2021 · 3 years ago
  According to BYDFi, a leading digital currency exchange, cryptocurrencies that are most affected by the heavy tech influence on NASDAQ include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have a strong presence in the tech industry and are widely recognized as the pioneers of blockchain technology. Any major news or developments related to the tech sector can have a significant impact on their prices and market sentiment. It is important for investors to stay updated on the latest tech trends and news to make informed decisions when trading these cryptocurrencies.
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