"Navigating the Cryptocurrency Market: Understanding the Impact of Exchange Rates"

Experts say that there is no such thing as an inexplicable phenomenon in this world. The sudden drop in cryptocurrency prices recently was due to exchange rates. When the dollar strengthens, cryptocurrencies and other assets tend to weaken. The dollar, which had dropped to around 1210 yen, is now around 1260 yen.

The correlation between exchange rates and cryptocurrencies is larger than expected. Currently, exchange rates seem to have a bigger impact on the market than interest rates.

Experts predict that even if exchange rates continue to rise, they will not exceed 1300 yen. It is difficult to believe their predictions, but if they are correct, now might not be the best time to buy. For those who already own cryptocurrencies, it is advised not to sell off their holdings.

It is said that after the Federal Reserve meeting in March, the market conditions will be much better than they are now.
It's important to keep in mind that the cryptocurrency market is highly volatile and unpredictable, and exchange rates are just one of many factors that can impact the market. It's also worth noting that expert predictions and opinions are just that - predictions and opinions - and there are many other factors that could affect the market in ways that are not currently being considered.

If you're considering buying or selling cryptocurrencies, it's important to do your own research and consider your own financial situation before making any investment decisions. It's also a good idea to consult with a financial advisor to understand the potential risks and rewards of investing in cryptocurrencies.

Ultimately, it's important to remember that investing in cryptocurrencies is not a guaranteed way to make money, and there is a risk of losing your investment. As with any investment, it's important to only invest money that you can afford to lose.