Dhanushya MadheshwaranDec 16, 2021 · 3 years ago3 answers How does consumer confidence affect the value of cryptocurrencies?
In the world of cryptocurrencies, consumer confidence plays a significant role in determining the value of these digital assets. How does the level of trust and belief that consumers have in cryptocurrencies impact their overall value? What are the factors that influence consumer confidence in cryptocurrencies? And how do fluctuations in consumer confidence affect the volatility and stability of the cryptocurrency market?