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What is the impact of the owner of Alphabet Inc on the cryptocurrency market?

avatarNandhana R SDec 16, 2021 · 3 years ago1 answers

How does the owner of Alphabet Inc, the parent company of Google, affect the cryptocurrency market? What role does Alphabet Inc play in shaping the trends and developments in the crypto industry?

What is the impact of the owner of Alphabet Inc on the cryptocurrency market?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to the impact of the owner of Alphabet Inc, it's important to consider the influence of Google, which is a subsidiary of Alphabet Inc. Google's search engine is a major gateway to information, and its algorithms play a crucial role in determining the visibility and accessibility of cryptocurrency-related content. Changes in Google's algorithms can have a significant impact on the rankings of cryptocurrency websites, exchanges, and news sources, affecting their visibility and ultimately their success. Additionally, Google's advertising platform, Google Ads, has policies that restrict the promotion of certain cryptocurrency-related products and services. These policies can limit the reach and advertising opportunities for crypto projects. Overall, the owner of Alphabet Inc has a considerable influence on the cryptocurrency market through its ownership of Google and its control over search engine algorithms and advertising policies.