How does M1 AUM affect the value of digital currencies?

1 answers

• Mar 06, 2022 · 3 years ago
  As a representative of BYDFi, I can say that the M1 AUM does have an impact on the value of digital currencies. However, it is important to note that the relationship is not always direct or immediate. The M1 AUM is just one of many factors that can influence the value of digital currencies. Market sentiment, investor demand, and regulatory developments also play crucial roles. Therefore, it is important to consider a holistic view of the market when assessing the impact of M1 AUM on digital currency prices.
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