How do Elon Musk and Rupert Murdoch influence the value of digital currencies?

1 answers

• Dec 17, 2021 · 3 years ago
  As a digital currency exchange, BYDFi closely monitors the influence of key figures like Elon Musk and Rupert Murdoch on the value of cryptocurrencies. Elon Musk, with his tweets and public statements, has the ability to create both positive and negative sentiment around digital currencies. His support for cryptocurrencies like Bitcoin and Dogecoin has led to significant price increases in the past. On the other hand, Rupert Murdoch's media influence can shape public opinion and impact the value of digital currencies. It is important for investors to consider the potential impact of these influential figures when making investment decisions in the digital currency market.
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