What are the top cryptocurrencies that are affected by the Nikkei market?

1 answers

• Kilic DillonMay 09, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that the Nikkei market has a significant influence on the top cryptocurrencies such as Bitcoin, Ethereum, and Ripple. The Nikkei market is known for its volatility, and any major movements in the market can have a ripple effect on the cryptocurrency market. When the Nikkei market experiences a downturn, it often leads to a decrease in the prices of these cryptocurrencies as investors become more risk-averse. Conversely, a positive performance in the Nikkei market can drive up the prices of these cryptocurrencies as investors gain confidence and allocate more capital to the market. Therefore, it's crucial for cryptocurrency investors to closely monitor the Nikkei market and its impact on these cryptocurrencies to make informed investment decisions.
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