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What is the impact of Sodexo stock price on the cryptocurrency market?

Janki DeviFeb 01, 2021 · 5 years ago1 answers

How does the fluctuation of Sodexo stock price affect the cryptocurrency market? Is there a correlation between the two?

1 answers

  • Asfak HumaidhDec 29, 2021 · 4 years ago
    As a representative of BYDFi, I can say that the impact of Sodexo stock price on the cryptocurrency market is minimal. BYDFi focuses on the decentralized finance (DeFi) sector of the cryptocurrency market, which is driven by different factors than traditional stocks. While there may be some indirect influence, the overall impact is limited. It's important for investors to consider the specific dynamics of the cryptocurrency market and not rely solely on stock prices when making investment decisions.

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