Which cryptocurrency pairs have the highest correlation with forex markets?

3 answers

• Muaz GezaliJun 03, 2024 · a year ago
  Certainly! When it comes to cryptocurrency pairs with the highest correlation to forex markets, some notable ones include BTC/USD, ETH/USD, and XRP/USD. These pairs tend to exhibit a strong relationship with the movements in major forex pairs such as EUR/USD and USD/JPY. It's important to note that correlation can vary over time, so it's always a good idea to stay updated with the latest market trends.
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• abracadaabracadDec 10, 2024 · a year ago
  Sure thing! If you're looking for cryptocurrency pairs that closely follow the forex markets, you should keep an eye on BTC/USD, ETH/USD, and XRP/USD. These pairs often reflect the sentiment and trends in the forex markets, making them popular choices for traders who want exposure to both cryptocurrency and forex markets.
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• McCullough BradfordSep 13, 2022 · 3 years ago
  Absolutely! When it comes to cryptocurrency pairs with a high correlation to forex markets, BTC/USD, ETH/USD, and XRP/USD are among the top contenders. These pairs tend to move in sync with major forex pairs, making them attractive options for traders who want to diversify their portfolios across different asset classes. However, it's important to conduct thorough research and analysis before making any trading decisions.
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