Which cryptocurrencies are influenced by the fluctuations of the USD?

3 answers

• Jan 28, 2022 · 3 years ago
  Certainly! There are several cryptocurrencies that are influenced by the fluctuations of the USD. Some of the most notable ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies often experience price movements in response to changes in the value of the US dollar. It's important to note that while these cryptocurrencies are influenced by the USD, they are also influenced by other factors such as market demand, technological advancements, and regulatory developments.
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• Jan 28, 2022 · 3 years ago
  Yep, the value of cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin can be affected by the movements of the USD. When the USD strengthens, the value of these cryptocurrencies may decrease, and vice versa. It's a complex relationship, and it's always a good idea to keep an eye on the USD when trading these digital assets.
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• Jan 28, 2022 · 3 years ago
  As an expert in the field, I can confirm that cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin are indeed influenced by the fluctuations of the USD. However, it's important to remember that the relationship between the USD and cryptocurrencies is not always direct or predictable. Other factors, such as market sentiment and global economic conditions, also play a significant role in determining the price movements of these digital assets.
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