D. RicoNov 25, 2021 · 3 years ago7 answers How does the USDX price affect the value of other cryptocurrencies?
Can you explain how the USDX price impacts the value of other cryptocurrencies? I'm curious to know if there is a direct correlation between the USDX price and the value of cryptocurrencies like Bitcoin and Ethereum. Does a higher USDX price lead to a decrease in the value of cryptocurrencies, or is it the other way around? How do these two factors interact with each other? I would appreciate a detailed explanation.