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How does Emini S&P 500 futures trading affect the volatility of digital currencies?

avatarFranco KayaDec 19, 2021 · 3 years ago1 answers

Can you explain how the trading of Emini S&P 500 futures impacts the volatility of digital currencies?

How does Emini S&P 500 futures trading affect the volatility of digital currencies?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    As an expert in the field, I can confirm that Emini S&P 500 futures trading does have an impact on the volatility of digital currencies. At BYDFi, we closely monitor the relationship between traditional financial markets and digital currencies. While it is difficult to predict the exact impact of Emini S&P 500 futures trading on digital currency volatility, it is clear that there is a correlation between the two. Traders and investors should stay informed about the latest developments in both markets to make informed decisions and manage their risk effectively.