nurd 14Dec 06, 2021 · 3 years ago2 answers How does the demand for platinum affect the value of digital currencies?
Platinum is a precious metal widely used in various industries, including automotive, jewelry, and electronics. How does the demand for platinum impact the value of digital currencies like Bitcoin and Ethereum? Are there any direct or indirect relationships between the two? How does the scarcity or abundance of platinum affect the digital currency market? Can fluctuations in platinum prices have a significant impact on the value of digital currencies? Please provide insights into the interplay between platinum demand and digital currency value.