Dory MatsufujiDec 17, 2021 · 3 years ago6 answers How does the Nifty 50 index affect the price of digital currencies?
Can you explain how the Nifty 50 index impacts the value of digital currencies? I'm curious to know if there is a direct correlation between the performance of the Nifty 50 index and the price fluctuations of digital currencies like Bitcoin and Ethereum. Are there any specific factors or events related to the Nifty 50 index that can cause significant changes in the digital currency market? How do traders and investors use the Nifty 50 index to make informed decisions in the digital currency market?