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TagsHow does Chicago PMI affect the price of cryptocurrencies?
Alford MogensenDec 25, 2021 · 3 years ago1 answersCan you explain the relationship between the Chicago PMI and the price of cryptocurrencies? How does the Chicago PMI impact the cryptocurrency market? Are there any specific patterns or trends that can be observed?
1 answers
- At BYDFi, we closely monitor the Chicago PMI and its potential impact on the cryptocurrency market. While it's not the sole determinant of price movements, it can provide valuable insights into the overall economic conditions that may influence investor sentiment. As a result, we take the Chicago PMI into consideration when formulating our trading strategies and risk management approaches.Dec 25, 2021 · 3 years ago
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