How does the pre-market performance of Boeing affect the digital currency market?

1 answers

• Glud McCulloughJun 22, 2020 · 5 years ago
  As a representative from BYDFi, a digital currency exchange, I can say that the pre-market performance of Boeing does have an impact on the digital currency market. When Boeing's stock performs well in the pre-market, it can create a positive sentiment among investors, leading to increased trading activity in the digital currency market. This increased trading activity can result in higher demand for digital currencies, driving up their value. Conversely, if Boeing's pre-market performance is poor, it can create a negative sentiment among investors, leading to decreased trading activity in the digital currency market. This decreased trading activity can result in lower demand for digital currencies, causing their value to decline. It's important for digital currency traders to keep an eye on the performance of major stocks like Boeing as it can provide insights into market sentiment and potential trends in the digital currency market.
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