Which cryptocurrencies are most affected by Apple options activity?

3 answers

• JillPApr 19, 2023 · 2 years ago
  When it comes to the influence of Apple options activity on cryptocurrencies, there are a few that stand out. Bitcoin (BTC) and Ethereum (ETH) are two of the most prominent cryptocurrencies that are likely to be affected by Apple's options trading. These cryptocurrencies have a larger market capitalization and are more widely traded, making them more susceptible to external factors such as options activity. Additionally, Ripple (XRP) and Litecoin (LTC) have also shown some correlation with Apple's options trading in the past. However, it's important to note that correlation does not necessarily imply causation, and the relationship between Apple options activity and cryptocurrencies may vary over time.
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• Namira GanamNov 24, 2021 · 4 years ago
  Well, when it comes to the impact of Apple options activity on cryptocurrencies, it's not a straightforward answer. While Bitcoin (BTC) and Ethereum (ETH) are often considered the most influential cryptocurrencies, their correlation with Apple options trading may not be as strong as you might think. The cryptocurrency market is highly volatile and influenced by various factors, including market sentiment, regulatory news, and global economic conditions. While it's possible for Apple options activity to have some impact on the prices of these cryptocurrencies, it's important to consider the bigger picture and not rely solely on one factor. So, while there may be some correlation between Apple options activity and certain cryptocurrencies, it's not the only factor to consider when making investment decisions.
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• NWLApr 14, 2025 · 4 months ago
  As an expert at BYDFi, I can tell you that Apple options activity can indeed have an impact on certain cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) are the most well-known cryptocurrencies that tend to be influenced by Apple's options trading. These cryptocurrencies have a large market capitalization and are often seen as a safe haven for investors during times of uncertainty. When Apple options activity indicates a potential shift in market sentiment, it can lead to increased buying or selling pressure on Bitcoin and Ethereum. However, it's important to note that correlation does not always imply causation, and the relationship between Apple options activity and cryptocurrencies can change over time. Therefore, it's crucial to conduct thorough research and consider multiple factors before making any investment decisions.
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