Which cryptocurrencies have the lowest beta values?

3 answers

• Aniket SangleMay 04, 2022 · 4 years ago
  Sure! When it comes to cryptocurrencies with low beta values, some of the top options include stablecoins like Tether (USDT), USD Coin (USDC), and Dai (DAI). These stablecoins are designed to maintain a stable value and have a beta close to zero. Additionally, some large-cap cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) tend to have lower beta values compared to smaller altcoins. However, it's important to note that beta values can change over time, so it's always a good idea to do your own research and keep an eye on the market.
  544

  272
• Lokesh KushwahAug 27, 2024 · a year ago
  If you're looking for cryptocurrencies with low beta values, you might want to consider investing in some of the top stablecoins like Tether (USDT) and USD Coin (USDC). These stablecoins are pegged to a fiat currency, such as the US dollar, and aim to maintain a stable value. As a result, they tend to have low beta values and are less volatile compared to other cryptocurrencies. Another option to consider is Bitcoin (BTC), which is often seen as a store of value and has a relatively low beta compared to other cryptocurrencies.
  532

  178
• Lucivide ShawJun 24, 2024 · a year ago
  According to a recent study by BYDFi, some of the cryptocurrencies with the lowest beta values include stablecoins like Tether (USDT), USD Coin (USDC), and Dai (DAI). These stablecoins are designed to have a beta close to zero, making them less volatile and more suitable for risk-averse investors. However, it's important to note that beta values can vary depending on market conditions and other factors. It's always a good idea to diversify your portfolio and consult with a financial advisor before making any investment decisions.
  535

  134