How does Zacks #1 strong buy list impact the cryptocurrency market?

1 answers

• AcrylicMay 04, 2021 · 4 years ago
  As a representative from BYDFi, a digital currency exchange, I can say that the Zacks #1 strong buy list can have a significant impact on the cryptocurrency market. When a cryptocurrency is included in the list, it can attract more attention from investors and potentially lead to increased trading volume on our platform. This increased trading activity can create more liquidity in the market and contribute to price volatility. However, it's important for investors to conduct their own research and not solely rely on the Zacks #1 strong buy list when making investment decisions.
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