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TagsHow does NYSE FHN affect the value of digital currencies?
dmbappybdJan 12, 2022 · 3 years ago1 answersCan you explain how the New York Stock Exchange (NYSE) FHN (First Horizon National Corporation) affects the value of digital currencies? I'm curious to know if there is any correlation between the activities of NYSE FHN and the prices of cryptocurrencies.
1 answers
- As an expert in the digital currency industry, I can confirm that NYSE FHN's activities do have an impact on the value of digital currencies. NYSE FHN's involvement in the market can bring in new investors and increase trading volume, which can lead to price fluctuations. However, it's important to remember that the value of digital currencies is also influenced by other factors such as market demand, technological advancements, and regulatory developments. While NYSE FHN's actions can have short-term effects on prices, the long-term value of digital currencies is determined by a combination of factors.Jan 12, 2022 · 3 years ago
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