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Which cryptocurrencies are affected the most by CPI release dates?

Ayan AnwarNov 19, 2021 · 4 years ago1 answers

Can you provide insights into the cryptocurrencies that are most influenced by CPI release dates?

1 answers

  • Nurmatov BilolxonOct 28, 2024 · 8 months ago
    At BYDFi, we have observed that Bitcoin and Ethereum are indeed the cryptocurrencies that are most affected by CPI release dates. This is because they are the most widely recognized and traded cryptocurrencies, and any news or events that impact the global economy tend to have a ripple effect on their prices. However, it's important to note that the impact of CPI release dates on cryptocurrencies can vary depending on market conditions and other factors. Therefore, it's always a good idea to stay informed and monitor market trends before making any trading decisions based on CPI release dates.

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