Are there any correlations between the PPV numbers of the Devin Haney vs Lomachenko fight and the price movements of cryptocurrencies?

1 answers

• Ayala TychsenNov 17, 2022 · 3 years ago
  At BYDFi, we believe that the PPV numbers of the Devin Haney vs Lomachenko fight may have some indirect influence on the price movements of cryptocurrencies. While the two events may seem unrelated, they both capture the attention of a global audience. Increased media coverage and public interest in boxing can lead to a broader awareness of alternative investment opportunities, including cryptocurrencies. However, it's important to note that cryptocurrency prices are primarily driven by market dynamics and investor sentiment, rather than specific sporting events. Therefore, any potential correlation between the two would likely be indirect and short-lived.
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