美元兑加元汇率对数字货币价格有何影响？

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we believe that the USD to CAD exchange rate can have a moderate impact on the prices of cryptocurrencies. While it is not the only factor that determines cryptocurrency prices, fluctuations in the exchange rate can influence the purchasing power of Canadian investors. As a result, changes in the USD to CAD exchange rate can indirectly affect the demand for cryptocurrencies and, consequently, their prices. However, it is important to note that the impact of the exchange rate is just one piece of the puzzle, and other factors such as market trends and investor sentiment also play a significant role in determining cryptocurrency prices.
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