Singer HartDec 28, 2021 · 3 years ago3 answers How did the oil price predictions for 2016 affect the value of digital currencies?
In 2016, there were various predictions about the oil price. How did these predictions impact the value of digital currencies, such as Bitcoin and Ethereum? Did the oil price predictions have a direct correlation with the value of digital currencies, or were there other factors at play? How did investors and traders react to these predictions? What were the short-term and long-term effects on the digital currency market?