CoinMarketCap published this video item, entitled “Euro at Parity to the US Dollar — What Does That Mean For Crypto?” – below is their description.
This week’s biggest macro news was: After 20 years, 1 USD equals 1 €.
And you know what that means:
Paris, Rome and Amsterdam will get a lot more business from overseas!
The euro-dollar parity means not only cheaper holidays for Americans, but will also have macroeconomic consequences and implications for crypto.
On today’s CoinMarketCap video, we are going to look at:
0:47 – Euro-Dollar parity: What Is Happening in the Grand Scheme of Things?
2:28 – The Three Reasons Behind the Euro-Dollar Parity
4:30 – How the ECB Plans to Tackle Euro-Dollar Parity
5:10 – The Implications for Cryptocurrency
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