What are the correlations between the Cape Shiller index and the prices of popular cryptocurrencies?

1 answers

• Adrian KonzDec 09, 2024 · 8 months ago
  The Cape Shiller index is primarily focused on the housing market, while the prices of popular cryptocurrencies are influenced by a variety of factors. While there may be some indirect correlations between the two, it's important to note that the cryptocurrency market is highly volatile and can be influenced by factors such as market demand, regulatory developments, and investor sentiment. Additionally, different cryptocurrencies may have different price drivers, so it's not a straightforward relationship. It's always a good idea to diversify your investments and consider a wide range of factors when making decisions in the cryptocurrency market.
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