How does the DXY 200-day moving average affect the trading volume of cryptocurrencies?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we believe that the DXY 200-day moving average can have an impact on the trading volume of cryptocurrencies. However, it is important to note that the relationship between the DXY 200-day moving average and trading volume is not always straightforward. Other factors such as market sentiment, news events, and investor behavior can also influence trading volume. Therefore, it is crucial to consider multiple indicators and factors when analyzing the trading volume of cryptocurrencies.
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