Lunding EdvardsenDec 29, 2021 · 3 years ago8 answers How do oil prices affect the value of digital currencies in the market?
As a digital currency expert, I would like to know more about the relationship between oil prices and the value of digital currencies in the market. How exactly do fluctuations in oil prices impact the value of cryptocurrencies? Are there any direct or indirect correlations between these two markets? I'm particularly interested in understanding the mechanisms behind this relationship and how it affects the overall market dynamics. Can you provide some insights on this topic?