Cryptocurrency Q&A
How does SPX affect crypto?
How does SPX affect crypto?
Eleonora
Tue Oct 15 2024
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7 answers
1554
I'm curious about the relationship between SPX and the crypto market. Specifically, how does the performance or movement of SPX impact the cryptocurrencies? Are there any direct or indirect correlations that I should be aware of?
7 answers
Eleonora
Thu Oct 17 2024
The S&P500, a widely recognized benchmark for the performance of the US stock market, appears to exert a notable influence on cryptocurrency returns.
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SamsungShine
Thu Oct 17 2024
This influence, manifested through spillover effects, underscores the potential for traditional market dynamics to shape the trajectory of the nascent crypto landscape.
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Sara
Thu Oct 17 2024
Conversely, while cryptocurrency returns also impact the S&P500, the intensity of this influence is comparatively less pronounced.
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KatieAnderson
Thu Oct 17 2024
Recent empirical studies have unveiled intriguing dynamics between the S&P500 and cryptocurrency markets.
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SejongWisdomKeeperElite
Thu Oct 17 2024
This asymmetry highlights the evolving nature of the crypto market and its increasing, yet still subordinate, role in the broader financial ecosystem.
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