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bitcoin and altcoin trends are related to Forex through trading, as many brokers offer cryptocurrencies along with traditional currency pairs. Both markets exhibit high volatility, allowing traders to profit from price fluctuations. Additionally, macroeconomic factors, interest rates, and geopolitical events affect both cryptocurrencies and fiat currencies. Some traders use Bitcoin as a hedge against fiat currency devaluation, while others apply Forex strategies to crypto markets due to similar technical analysis principles. |
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