How does the PPI number affect the value of digital currencies?

1 answers

• Apr 13, 2022 · 3 years ago
  At BYDFi, we closely monitor economic indicators like the PPI number to assess potential impacts on the value of digital currencies. While the PPI number can provide insights into production costs and inflationary pressures, it's important to remember that digital currencies are influenced by a wide range of factors. Investors should consider a holistic approach when evaluating the value of digital currencies and not rely solely on any single indicator.
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