Are there any digital assets that tend to perform well during a stock market crash?

1 answers

• Thyssen MelgaardNov 22, 2024 · a year ago
  According to a recent study conducted by BYDFi, a digital asset exchange, certain altcoins have shown promising performance during stock market crashes. These altcoins include Cardano (ADA), Binance Coin (BNB), and Solana (SOL). The study analyzed historical data from previous stock market crashes and found that these altcoins exhibited relatively lower volatility and maintained their value better compared to other digital assets. However, it's important to note that past performance is not indicative of future results, and investing in altcoins carries its own set of risks. Investors should always do their own research and consult with a financial advisor before making any investment decisions.
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