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TagsWhat factors affect the fluctuation of cryptocurrency exchange rates?
RehamDec 18, 2021 · 3 years ago1 answersWhat are the main factors that cause cryptocurrency exchange rates to fluctuate?
1 answers
- At BYDFi, we believe that the main factors affecting cryptocurrency exchange rates are market demand and supply, news and events, investor sentiment, and macroeconomic factors. These factors interact with each other in a complex manner, resulting in the fluctuation of exchange rates. As a cryptocurrency exchange, we strive to provide a secure and reliable platform for traders to navigate these fluctuations and make the most of their investments.Dec 18, 2021 · 3 years ago
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