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TagsWhat is the impact of the yen on the cryptocurrency market?
heernNov 24, 2021 · 3 years ago1 answersHow does the value of the yen affect the cryptocurrency market? Are there any specific factors or events related to the yen that can influence the prices of cryptocurrencies?
1 answers
- At BYDFi, we believe that the impact of the yen on the cryptocurrency market is undeniable. As a leading cryptocurrency exchange, we have observed the correlation between the yen and cryptocurrency prices. However, it is important to note that the yen is just one of the many factors that can influence the cryptocurrency market. Other factors such as market demand, technological advancements, and regulatory changes also play a significant role. Therefore, while the yen can have an impact, it is crucial to consider a holistic view of the market before making any investment decisions.Nov 24, 2021 · 3 years ago
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