How did Micron's earnings date in 2018 affect the value of cryptocurrencies?
Michat MurahDec 27, 2021 · 3 years ago1 answers
In 2018, how did the announcement of Micron's earnings date impact the value of cryptocurrencies?
1 answers
- Dec 27, 2021 · 3 years agoAs a representative of BYDFi, I can say that the earnings date of Micron in 2018 did have an impact on the value of cryptocurrencies. Micron's performance is closely watched by investors, and any news related to its earnings can influence market sentiment. If Micron's earnings were better than expected, it could have boosted investor confidence and led to increased investments in cryptocurrencies. Conversely, if Micron's earnings were disappointing, it could have caused a decline in investor sentiment and a sell-off in cryptocurrencies. Therefore, it is important for cryptocurrency investors to keep an eye on the earnings announcements of major companies like Micron to make informed trading decisions.
Related Tags
Hot Questions
- 97
How can I minimize my tax liability when dealing with cryptocurrencies?
- 90
What is the future of blockchain technology?
- 87
What are the tax implications of using cryptocurrency?
- 63
How can I protect my digital assets from hackers?
- 59
What are the best practices for reporting cryptocurrency on my taxes?
- 59
What are the advantages of using cryptocurrency for online transactions?
- 25
How does cryptocurrency affect my tax return?
- 20
Are there any special tax rules for crypto investors?