depN1koDec 18, 2021 · 3 years ago0 answers Which cryptocurrencies have had the biggest impact on the exchange rate of China's currency?
In recent years, the rise of cryptocurrencies has had a significant impact on global financial markets. China, as one of the world's largest economies, has not been immune to this phenomenon. Which specific cryptocurrencies have had the most notable influence on the exchange rate of China's currency, the yuan (CNY)? How have these cryptocurrencies affected the value of the yuan? What factors contribute to their impact? Explore the relationship between cryptocurrencies and the exchange rate of China's currency.