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What is the impact of bitcoin futures expiration on the cryptocurrency market?

avatarAttia BatoolDec 16, 2021 · 3 years ago1 answers

Can you explain the effects of bitcoin futures expiration on the cryptocurrency market? How does it impact the price and overall market sentiment?

What is the impact of bitcoin futures expiration on the cryptocurrency market?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we have observed that the expiration of bitcoin futures contracts can have a short-term impact on the cryptocurrency market. However, the overall effect is often temporary, and the market tends to stabilize after the initial volatility. It is important for traders and investors to stay informed about the expiration dates of futures contracts and monitor market sentiment closely during these periods. By understanding the potential impact of futures expiration, traders can make more informed decisions and adjust their strategies accordingly. It is also worth noting that the impact of futures expiration may differ for different cryptocurrencies, as bitcoin futures are just one aspect of the overall cryptocurrency market.