Which cryptocurrencies are most affected by fluctuations in the USD to CND rate?

3 answers

• Dec 26, 2021 · 3 years ago
  As an expert in the field of cryptocurrency, I can tell you that Bitcoin (BTC) and Ethereum (ETH) are the two most affected cryptocurrencies when it comes to fluctuations in the USD to CND rate. These two digital currencies have the highest market capitalization and are widely traded against both USD and CND. Therefore, any changes in the exchange rate between the two currencies can have a significant impact on their prices. Other cryptocurrencies, such as Ripple (XRP) and Litecoin (LTC), may also be affected to some extent, but not as much as BTC and ETH.
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• Dec 26, 2021 · 3 years ago
  When it comes to the USD to CND rate, Bitcoin and Ethereum are definitely the top contenders for being the most affected cryptocurrencies. These two giants of the crypto world are highly traded against both USD and CND, which means that any fluctuations in the exchange rate between these two currencies can directly impact their prices. So, if you're keeping an eye on the USD to CND rate, make sure to closely monitor the prices of BTC and ETH as they are likely to be the most responsive to any changes.
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• Dec 26, 2021 · 3 years ago
  According to our analysis at BYDFi, Bitcoin (BTC) and Ethereum (ETH) are the cryptocurrencies that are most affected by fluctuations in the USD to CND rate. This is primarily due to their high trading volumes and market capitalization. As the most widely traded cryptocurrencies against both USD and CND, any changes in the exchange rate between these two currencies can have a significant impact on their prices. While other cryptocurrencies may also be influenced by the USD to CND rate, BTC and ETH tend to be the most responsive to such fluctuations.
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