Abhay KandelDec 16, 2021 · 3 years ago1 answers What is the impact of the value of the US dollar on the cryptocurrency market?
How does the fluctuation in the value of the US dollar affect the cryptocurrency market? What are the potential consequences of a strong or weak US dollar on the prices and trading volume of cryptocurrencies? Are there any specific cryptocurrencies that are more influenced by the value of the US dollar than others? How do investors and traders react to changes in the value of the US dollar in relation to cryptocurrencies? How does the US dollar's value impact the overall sentiment and confidence in the cryptocurrency market?