Which cryptocurrencies are most closely correlated with the performance of SCO ETF?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert in the field, I can tell you that when it comes to cryptocurrencies closely correlated with the performance of SCO ETF, Bitcoin and Ethereum are the ones to watch. These two cryptocurrencies have consistently shown a strong correlation with the movements of SCO ETF. However, it's important to note that correlation does not imply causation. Other cryptocurrencies that have shown some level of correlation include Ripple, Litecoin, and Bitcoin Cash. It's worth mentioning that the correlation between cryptocurrencies and SCO ETF can change over time, so it's crucial to stay informed and conduct thorough analysis before making any investment decisions.
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