EienKuneDec 28, 2021 · 3 years ago6 answers How does the exchange rate for Australian dollars to US dollars affect the value of Bitcoin?
Can you explain how the exchange rate between Australian dollars and US dollars impacts the value of Bitcoin? I'm curious to know if there is a correlation between these two currencies and the price of Bitcoin. Does a stronger Australian dollar lead to a higher Bitcoin price, or is it the other way around? How does this relationship work and what factors contribute to it?