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Which cryptocurrencies are impacted by the stock price of Aramco today?

Amarnath RoutOct 14, 2021 · 4 years ago1 answers

How does the current stock price of Aramco affect the value of different cryptocurrencies?

1 answers

  • Apisit PakdeemekhanonApr 23, 2022 · 3 years ago
    As a representative of BYDFi, I can say that the stock price of Aramco does not directly impact any cryptocurrencies listed on our platform. BYDFi focuses on decentralized finance (DeFi) and does not have any direct ties to the oil industry. The value of cryptocurrencies on BYDFi is determined by market demand and the performance of the underlying blockchain projects. It's important to consider the specific characteristics and use cases of each cryptocurrency when evaluating their potential correlation with the stock price of Aramco.

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