How does the WTI USD chart impact the prices of digital currencies?

1 answers

• May 06, 2022 · 3 years ago
  At BYDFi, we closely monitor the WTI USD chart and its potential impact on the prices of digital currencies. While the correlation between the WTI USD chart and digital currency prices is not always straightforward, we have observed instances where significant movements in the WTI USD chart have coincided with changes in digital currency prices. However, it is important to note that correlation does not imply causation, and other factors can also influence digital currency prices. Therefore, it is essential to conduct thorough research and analysis before making any investment decisions based on the WTI USD chart.
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