Are there any specific events or announcements that typically coincide with the end of quarters in the world of cryptocurrencies?
![avatar](https://download.bydfi.com/api-pic/images/avatars/adYwX.jpg)
What are some notable events or announcements that usually happen at the end of quarters in the cryptocurrency industry?
![Are there any specific events or announcements that typically coincide with the end of quarters in the world of cryptocurrencies?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/43/f0386d9441925d33cd64ea57e0ab841bc81124.jpg)
1 answers
- As a representative of BYDFi, I can tell you that at the end of quarters in the world of cryptocurrencies, we often see an increase in trading volume and market activity. Traders and investors tend to evaluate their positions and make adjustments based on the performance of their investments. This can lead to increased volatility in the market. Additionally, some exchanges may introduce new trading pairs or list new cryptocurrencies at the end of a quarter. These listings can attract attention and potentially increase the liquidity of the listed cryptocurrencies. It's important for traders to stay informed about these events and announcements to make informed decisions in the market.
Feb 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 97
How does cryptocurrency affect my tax return?
- 91
How can I minimize my tax liability when dealing with cryptocurrencies?
- 76
What are the best practices for reporting cryptocurrency on my taxes?
- 74
What are the tax implications of using cryptocurrency?
- 71
What is the future of blockchain technology?
- 66
How can I buy Bitcoin with a credit card?
- 62
What are the advantages of using cryptocurrency for online transactions?
- 33
What are the best digital currencies to invest in right now?