Daniyal AnjumNov 26, 2021 · 3 years ago7 answersWhat impact did the rise of cryptocurrencies have on the demand for silver in 2015?
In 2015, with the rise of cryptocurrencies, how did this affect the demand for silver? Did the increased popularity of digital currencies like Bitcoin and Ethereum have any noticeable impact on the demand for physical silver? Were investors and collectors more inclined to invest in cryptocurrencies rather than traditional precious metals like silver? How did the price volatility and potential for high returns associated with cryptocurrencies influence the demand for silver as a safe haven asset? What were the key factors that influenced the relationship between the rise of cryptocurrencies and the demand for silver in 2015?
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