opeyemiDec 18, 2021 · 3 years ago2 answers How does the current US dollar index affect the trading volume of digital currencies?
Can you explain how the current US dollar index impacts the trading volume of digital currencies? I'm curious to know if there is a correlation between the strength or weakness of the US dollar and the trading activity in the digital currency market. Are digital currencies more actively traded when the US dollar is strong or weak? How does the US dollar index affect investor sentiment and their willingness to trade digital currencies?