Marilexy GuerreroNov 24, 2021 · 3 years ago6 answers Are there any correlations between DJIA forecasts and the price movements of popular cryptocurrencies?
Is there a relationship between the forecasts of the Dow Jones Industrial Average (DJIA) and the price movements of popular cryptocurrencies? Can the performance of the DJIA be used as an indicator to predict the price fluctuations of cryptocurrencies like Bitcoin, Ethereum, and Ripple? Are there any patterns or correlations between the two? How does the DJIA, as a traditional financial market indicator, relate to the volatile and decentralized nature of cryptocurrencies?