Kasper FrostDec 28, 2021 · 3 years ago9 answers How does the exchange rate of a country's currency affect the value of cryptocurrencies?
How does the exchange rate of a country's currency impact the value of cryptocurrencies? What factors contribute to this relationship and how do they interact with each other? How does the exchange rate volatility affect the demand and supply of cryptocurrencies? How does the exchange rate of a country's currency influence the trading volume and liquidity of cryptocurrencies? How do investors and traders react to changes in exchange rates and how does it affect their decision-making process in the cryptocurrency market?