Radhika NarangDec 17, 2021 · 3 years ago3 answers What impact does the Standard and Poor's rating have on the value of cryptocurrencies?
How does the Standard and Poor's rating affect the value of cryptocurrencies? Can it influence the market sentiment and investor confidence in digital currencies? What specific factors are considered in the rating process and how do they contribute to the overall evaluation of cryptocurrencies? Is there a correlation between the rating assigned by Standard and Poor's and the price movements of cryptocurrencies? How do investors and traders interpret the rating and incorporate it into their decision-making process?