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Which cryptocurrencies are most affected by PNB and NSE?

avatarPitts ChandlerDec 26, 2021 · 3 years ago3 answers

What are the cryptocurrencies that have been impacted the most by the actions of PNB (Punjab National Bank) and NSE (National Stock Exchange)? How have these actions affected the prices and market sentiment of these cryptocurrencies?

Which cryptocurrencies are most affected by PNB and NSE?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The actions of PNB and NSE have had a significant impact on the cryptocurrency market. Cryptocurrencies such as Bitcoin, Ethereum, and Ripple have experienced a decline in prices following the news. This is mainly due to the negative sentiment created by the actions of these institutions. Investors are concerned about the potential regulatory crackdown on cryptocurrencies, leading to a sell-off in the market.
  • avatarDec 26, 2021 · 3 years ago
    PNB and NSE's actions have caused a ripple effect in the cryptocurrency world. While Bitcoin, being the largest cryptocurrency, has been affected, other altcoins such as Litecoin and Bitcoin Cash have also experienced price drops. The market sentiment has turned cautious as investors worry about the implications of these actions on the overall cryptocurrency ecosystem.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the cryptocurrencies that have been most affected by the actions of PNB and NSE are Bitcoin, Ethereum, and Ripple. These cryptocurrencies have seen a significant decline in prices, with Bitcoin experiencing the largest drop. The market sentiment has turned bearish, as investors are uncertain about the future of cryptocurrencies in light of these regulatory actions.