common-close-0
BYDFi
Trade wherever you are!

Which Russell 2000 stocks have shown correlation with the cryptocurrency market?

avatarAbdulmofoukDec 18, 2021 · 3 years ago3 answers

Can you provide a list of Russell 2000 stocks that have demonstrated a correlation with the cryptocurrency market? I'm interested in understanding which stocks from the Russell 2000 index have shown a relationship with the performance of cryptocurrencies.

Which Russell 2000 stocks have shown correlation with the cryptocurrency market?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Certainly! There are several Russell 2000 stocks that have shown correlation with the cryptocurrency market. Some examples include Overstock.com (OSTK), Riot Blockchain (RIOT), and Marathon Digital Holdings (MARA). These stocks have experienced price movements that align with the overall performance of cryptocurrencies. It's important to note that correlation does not imply causation, but these stocks have demonstrated a relationship with the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    Sure thing! When it comes to Russell 2000 stocks that have shown correlation with the cryptocurrency market, there are a few worth mentioning. Overstock.com (OSTK) is one such stock that has exhibited a relationship with the performance of cryptocurrencies. Another example is Riot Blockchain (RIOT), which has also shown correlation with the cryptocurrency market. Marathon Digital Holdings (MARA) is another stock to keep an eye on, as it has demonstrated a relationship with the overall performance of cryptocurrencies. Remember, correlation doesn't necessarily mean causation, but these stocks have displayed a connection with the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! There are indeed Russell 2000 stocks that have shown correlation with the cryptocurrency market. Overstock.com (OSTK) is one such stock that has demonstrated a relationship with the performance of cryptocurrencies. Riot Blockchain (RIOT) is another stock that has exhibited correlation with the cryptocurrency market. Additionally, Marathon Digital Holdings (MARA) has also shown a connection with the overall performance of cryptocurrencies. It's important to note that correlation doesn't imply causation, but these stocks have displayed a correlation with the cryptocurrency market.