What are the correlations between the Merval Index and cryptocurrency prices?

1 answers

• GrigoriyLisichkinOct 23, 2021 · 4 years ago
  As an expert at BYDFi, I can tell you that the correlation between the Merval Index and cryptocurrency prices is a topic of interest for many traders and investors. While there may be some correlation between the two, it is important to note that cryptocurrencies are a relatively new asset class and their prices can be influenced by a wide range of factors. It is always recommended to conduct thorough research and analysis before making any investment decisions based on the correlation between the Merval Index and cryptocurrency prices. Remember, the cryptocurrency market is highly volatile and can be subject to rapid price fluctuations.
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