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TagsHow does M1 AUM affect the value of digital currencies?
Foged DenckerMar 19, 2022 · 3 years ago1 answersWhat is the relationship between M1 AUM and the value of digital currencies? How does the M1 AUM impact the price and market dynamics of digital currencies?
1 answers
- As a representative of BYDFi, I can say that the M1 AUM does have an impact on the value of digital currencies. However, it is important to note that the relationship is not always direct or immediate. The M1 AUM is just one of many factors that can influence the value of digital currencies. Market sentiment, investor demand, and regulatory developments also play crucial roles. Therefore, it is important to consider a holistic view of the market when assessing the impact of M1 AUM on digital currency prices.Mar 19, 2022 · 3 years ago
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