What impact did the USD to INR exchange rate in 1990 have on the cryptocurrency market?

7 answers

• Denisha NicoleDec 29, 2023 · 2 years ago
  The USD to INR exchange rate in 1990 did not directly impact the cryptocurrency market as cryptocurrencies did not exist at that time. Cryptocurrencies like Bitcoin were introduced much later, in 2009. Therefore, any impact on the cryptocurrency market due to the USD to INR exchange rate in 1990 is highly unlikely.
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• josNov 14, 2022 · 3 years ago
  Back in 1990, the concept of cryptocurrencies was still years away from being realized. The USD to INR exchange rate, although important for international trade and finance, did not have any direct impact on the cryptocurrency market as it simply did not exist. It's interesting to think about how the cryptocurrency market has evolved since then.
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• marcoMar 13, 2023 · 3 years ago
  As an expert at BYDFi, I can confidently say that the USD to INR exchange rate in 1990 had no direct impact on the cryptocurrency market. Cryptocurrencies were not yet in existence during that time. However, it's worth noting that the exchange rate between major fiat currencies, such as USD and INR, can indirectly affect the cryptocurrency market due to its influence on global economic conditions and investor sentiment.
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• Tawkeer AhmadFeb 27, 2025 · 8 months ago
  Well, let me tell you something interesting. In 1990, the USD to INR exchange rate had no impact on the cryptocurrency market because, well, there was no cryptocurrency market back then! Cryptocurrencies like Bitcoin didn't come into existence until almost two decades later. So, nope, no impact at all.
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• Scarlett RodriguezOct 16, 2020 · 5 years ago
  The USD to INR exchange rate in 1990 did not have any direct impact on the cryptocurrency market since cryptocurrencies were not yet invented. However, it's important to note that exchange rates between major fiat currencies can indirectly influence the cryptocurrency market by affecting global economic conditions and investor sentiment.
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• Neel AndholeOct 08, 2020 · 5 years ago
  The USD to INR exchange rate in 1990 did not have any impact on the cryptocurrency market as cryptocurrencies did not exist at that time. The cryptocurrency market started with the introduction of Bitcoin in 2009, almost two decades later.
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• Ma. Christelle JuanicoNov 28, 2020 · 5 years ago
  The USD to INR exchange rate in 1990 did not have any direct impact on the cryptocurrency market since cryptocurrencies were not yet introduced. However, exchange rates between major fiat currencies can indirectly affect the cryptocurrency market by influencing global economic conditions and investor confidence.
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