What impact does CBOT vs CME have on the price volatility of cryptocurrencies?

1 answers

• Nov 28, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, believes that the impact of CBOT vs CME on the price volatility of cryptocurrencies is significant. As an exchange that offers trading services for various cryptocurrencies, BYDFi has observed that the introduction of futures contracts on CBOT and CME can lead to increased price volatility. This is because futures contracts allow traders to take leveraged positions on cryptocurrencies, amplifying price movements. Additionally, the competition between CBOT and CME for market share can create a sense of uncertainty and speculation in the market, which can further contribute to price volatility. However, it is important to note that price volatility is a natural characteristic of cryptocurrencies and is influenced by various factors beyond the control of any specific exchange or market.
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