diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ba81e462..a720c17bc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -11,6 +11,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Added support for derived currencies in the currency validation
 - Added support for automatic deletion of unused asset profiles when deleting activities
+- Improved the caching of the benchmarks in the markets overview (only cache if needed)
 
 ### Fixed
 
diff --git a/apps/api/src/app/benchmark/benchmark.service.ts b/apps/api/src/app/benchmark/benchmark.service.ts
index 6008746d1..27d91fd7d 100644
--- a/apps/api/src/app/benchmark/benchmark.service.ts
+++ b/apps/api/src/app/benchmark/benchmark.service.ts
@@ -135,7 +135,7 @@ export class BenchmarkService {
       Promise.all(promisesAllTimeHighs),
       Promise.all(promisesBenchmarkTrends)
     ]);
-    let storeInCache = true;
+    let storeInCache = useCache;
 
     benchmarks = allTimeHighs.map((allTimeHigh, index) => {
       const { marketPrice } =