Kabeara SamoyedsDec 30, 2021 · 3 years ago2 answers How will the GBP to USD exchange rate in 2023 affect the value of cryptocurrencies?
What impact will the exchange rate between GBP and USD in 2023 have on the value of cryptocurrencies? How will the fluctuation in the exchange rate affect the buying power of investors in the cryptocurrency market? Will a stronger GBP lead to a decrease in the value of cryptocurrencies, or will it have a positive effect? Conversely, will a weaker GBP result in an increase in the value of cryptocurrencies? How closely correlated are the GBP to USD exchange rate and the value of cryptocurrencies?