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Which cryptocurrencies are most influenced by Moderna's premarket activity?

avatarSwagato BhattacharyyaNov 28, 2021 · 3 years ago1 answers

How does Moderna's premarket activity impact the prices of different cryptocurrencies?

Which cryptocurrencies are most influenced by Moderna's premarket activity?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we have observed that Moderna's premarket activity tends to have a stronger influence on cryptocurrencies that are perceived as being closely related to the healthcare or biotech sectors. This includes cryptocurrencies like Cardano, Polkadot, and Chainlink, which have partnerships or use cases in the healthcare industry. However, it is important to remember that the cryptocurrency market is highly volatile and influenced by various factors, so it is always recommended to conduct thorough research and analysis before making any investment decisions based on Moderna's premarket activity.