While crypto has long been highly affected by the broader financial market, the price of Ethereum appears especially impacted by its movements.
A larger discrepancy is found with both the S&P 500 and tech-focused Nasdaq 100. ETH’s correlations to both indexes are 0.77 and 0.7 respectively, versus Bitcoin’s 0.56 and 0.44 correlations. The event has enabled roughly $12.5 billion worth of inflows to the asset through the new investment vehicles, which provide access to the asset previously unavailable to many institutional funds.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
ذریعہ: CNBC - 🏆 12. / 72 مزید پڑھ »