Which cryptocurrency shows the most similar price movement to the ASX200 chart?

3 answers

• Nov 26, 2021 · 3 years ago
  Based on my analysis, Bitcoin has shown a relatively similar price movement to the ASX200 chart. Both Bitcoin and the ASX200 have experienced periods of volatility and growth. However, it's important to note that cryptocurrency markets can be highly unpredictable and influenced by various factors, so there is no guarantee of a perfect correlation between Bitcoin and the ASX200.
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• Nov 26, 2021 · 3 years ago
  If you're looking for a cryptocurrency that closely follows the price movement of the ASX200 chart, Ethereum might be a good option. Ethereum has shown some similarities in terms of market trends and volatility. However, it's important to conduct thorough research and consider other factors before making any investment decisions.
  331111
• Nov 26, 2021 · 3 years ago
  From my experience at BYDFi, I've noticed that Ripple (XRP) has exhibited a price movement pattern that is somewhat similar to the ASX200 chart. Both Ripple and the ASX200 have experienced periods of ups and downs. However, it's important to remember that past performance is not indicative of future results, and cryptocurrency markets can be highly volatile.
  36090