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What is the impact of the dollars kurs on the value of digital currencies?

foggy puppyMay 07, 2022 · 3 years ago1 answers

How does the fluctuation of the dollar's kurs affect the value of digital currencies?

1 answers

  • May 07, 2022 · 3 years ago
    The impact of the dollar's kurs on the value of digital currencies is a topic of much debate. While some argue that there is a strong correlation between the two, others believe that digital currencies are influenced by a wide range of factors beyond just the dollar's kurs. It's true that the dollar's kurs can have an impact on digital currencies, especially in terms of investor sentiment and market trends. However, it's important to consider other factors such as technological advancements, regulatory developments, and market demand when analyzing the value of digital currencies. While the dollar's kurs can certainly influence the market, it is not the sole determinant of digital currency prices.