What is the impact of cryptocurrency futures on the overall market?

1 answers

• Jan 20, 2022 · 3 years ago
  As a representative of BYDFi, I can say that cryptocurrency futures have had a significant impact on the overall market. The introduction of futures contracts has attracted a new wave of investors, including institutional players, who have brought in substantial capital. This has increased liquidity in the market and provided more opportunities for traders. However, it's important to note that futures trading can also introduce risks, such as increased market volatility and the potential for market manipulation. It's crucial for investors to conduct thorough research and understand the risks involved before engaging in cryptocurrency futures trading.
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