What are the top 5 cryptocurrencies that are influenced by the FTSE 100 index today?

3 answers

• sanjit singhJan 25, 2024 · 2 years ago
  The top 5 cryptocurrencies that are influenced by the FTSE 100 index today are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have shown a strong correlation with the performance of the FTSE 100 index in recent times. It's important to note that correlation does not imply causation, but it can be useful for investors who are looking for cryptocurrencies that may have a similar market sentiment as the FTSE 100 index.
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• NvdwApr 08, 2024 · a year ago
  When it comes to cryptocurrencies that are influenced by the FTSE 100 index, the top 5 contenders are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have shown a tendency to move in sync with the performance of the FTSE 100 index. However, it's worth mentioning that correlation does not guarantee future performance, and investors should always conduct thorough research and analysis before making any investment decisions.
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• KijokJan 18, 2022 · 4 years ago
  According to a recent analysis, the top 5 cryptocurrencies that are influenced by the FTSE 100 index today are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have demonstrated a strong correlation with the movements of the FTSE 100 index. Investors who are interested in cryptocurrencies that are influenced by traditional financial markets may find these options worth considering. However, it's important to remember that correlation does not necessarily imply causation, and the cryptocurrency market can be highly volatile.
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