Cute KittyDec 28, 2021 · 3 years ago3 answers What impact does the value of fiat money have on the price of cryptocurrencies?
How does the value of fiat money affect the price of cryptocurrencies? What is the relationship between the value of traditional currencies and the value of digital currencies like Bitcoin and Ethereum? How do changes in the value of fiat money influence the demand and supply of cryptocurrencies in the market? Are there any specific factors or events that can cause the value of fiat money to have a significant impact on the price of cryptocurrencies?