Caterina
Sun Jul 14 2024
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6 answers
1028
Can dollar milkshake theory affect cryptocurrencies?
Could you elaborate on the potential implications of the dollar milkshake theory on the cryptocurrency market? How might this theory, which posits that the US dollar acts as a global currency akin to a milkshake drawing flies to its sweetness, influence the value and dynamics of cryptocurrencies? Are there any specific mechanisms or scenarios you foresee that could manifest this influence? Furthermore, what strategies or considerations should cryptocurrency investors take into account to navigate this potential impact?
