Kaushar AshrafiDec 15, 2021 · 3 years ago9 answers How will the drop in the S&P affect the value of digital currencies?
With the recent drop in the S&P, many investors are concerned about how it will impact the value of digital currencies. How does the performance of the stock market influence the value of cryptocurrencies? Are digital currencies considered a safe haven during market downturns? What factors contribute to the correlation between the S&P and digital currencies? How have digital currencies performed in previous market downturns? Is there a historical pattern or trend that can help predict the impact of the S&P drop on digital currencies?