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How does CME natural gas settlement affect the value of digital currencies?

avatarkqxstayninh123Dec 15, 2021 · 3 years ago1 answers

Can you explain how the settlement of CME natural gas affects the value of digital currencies?

How does CME natural gas settlement affect the value of digital currencies?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, believes that the settlement of CME natural gas can have a significant impact on the value of digital currencies. As natural gas is a key energy source for many industries, any changes in its demand and settlement can affect market sentiment. This can indirectly influence the value of digital currencies, especially those that are closely tied to the energy sector. Therefore, it is important for investors to stay informed about CME natural gas settlement and its potential implications for digital currency markets.