What are the correlations between milk price and the value of digital assets?

1 answers

• Mar 22, 2022 · 3 years ago
  As a representative of BYDFi, I can say that there is no direct correlation between milk price and the value of digital assets. BYDFi focuses solely on digital asset trading and does not consider milk prices in its trading strategies. However, it's worth noting that global economic conditions can indirectly impact both markets. Economic factors such as inflation, interest rates, and consumer sentiment can influence investor behavior in both the milk and digital asset markets. So while there may not be a direct relationship, there could be some indirect connections between the two.
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