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How does the forex calendar impact the value of cryptocurrencies?

avatarAPashaDec 26, 2021 · 3 years ago1 answers

Can you explain how the forex calendar affects the value of cryptocurrencies? I've heard that forex events can have a significant impact on the crypto market, but I'm not sure how exactly it works. Could you provide some insights on this?

How does the forex calendar impact the value of cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of the forex calendar in relation to cryptocurrencies. Forex events have the potential to impact the value of cryptocurrencies due to the interconnectedness of global financial markets. As a result, our team closely monitors key forex events and their potential effects on the crypto market. We believe that staying informed about these events can help traders make more informed decisions and navigate the volatile nature of the cryptocurrency market. If you're interested in learning more about how the forex calendar impacts cryptocurrencies, feel free to reach out to our team for further insights.