Pascal H.Dec 18, 2021 · 3 years ago7 answers How does the exchange rate between US dollars and UK pounds affect the value of cryptocurrencies?
How does the exchange rate between US dollars and UK pounds impact the value of cryptocurrencies? What is the relationship between the exchange rate of these two major fiat currencies and the value of cryptocurrencies? How does the fluctuation in the exchange rate affect the buying and selling of cryptocurrencies? Are there any specific cryptocurrencies that are more affected by this exchange rate than others? How do investors and traders take advantage of the exchange rate movements to make profits in the cryptocurrency market?