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How Do Cryptocurrencies Influence Financial Markets?

Global finance has undergone a phenomenal change in the bygone era of 2021, courtesy of the unprecedented Covid-19 pandemic, the Russia-Saudi Arabia oil price war, and the weakening US dollar. Since their inception, cryptocurrencies have positively influenced how financial markets conduct their affairs, setting new standards. People flock to cryptocurrencies as they provide a faster, cheaper, and more efficient way to make transactions. A recent study found that when Bitcoin experienced significant growth, there was a positive correlation with S&P 500 futures. Read All

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