Which digital assets have the highest beta coefficient and are popular among crypto traders?

3 answers

• Mar 19, 2022 · 3 years ago
  Sure! Among the digital assets with the highest beta coefficient and popularity among crypto traders are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have shown a strong correlation with the overall market movement and are widely traded by crypto enthusiasts. Their high beta coefficients indicate that they tend to experience larger price fluctuations compared to the market as a whole. It's important to note that beta coefficient alone is not the only factor to consider when trading these assets, as other fundamental and technical analysis should also be taken into account.
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• Mar 19, 2022 · 3 years ago
  You bet! When it comes to digital assets with the highest beta coefficient and popularity among crypto traders, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are definitely at the top of the list. These cryptocurrencies have a strong following and are actively traded by crypto enthusiasts. Their high beta coefficients suggest that they are more volatile and can experience larger price swings compared to other assets. So, if you're looking for some excitement in your crypto trading journey, these assets might be worth considering!
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• Mar 19, 2022 · 3 years ago
  According to our research at BYDFi, the digital assets with the highest beta coefficient and popularity among crypto traders include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a strong presence in the market and are actively traded by crypto enthusiasts. Their high beta coefficients indicate that they have a higher sensitivity to market movements and can experience larger price fluctuations. It's important to keep in mind that beta coefficient is just one aspect to consider when evaluating the risk and potential returns of these assets. Make sure to conduct thorough research and analysis before making any investment decisions.
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