How does the ISM concept relate to the finance of cryptocurrencies?

1 answers

• Nada Kamel abd El-HafezSep 21, 2020 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the importance of the ISM concept in the finance of cryptocurrencies. The ISM metric provides valuable insights into the supply dynamics of different cryptocurrencies, allowing traders to assess the potential market impact. A low ISM indicates a limited supply, which can drive up prices and create profitable trading opportunities. Conversely, a high ISM suggests a larger supply, which may lead to price decreases. By considering the ISM concept, traders can better understand the market conditions and make informed investment decisions.
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