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What is the impact of the 3m LIBOR forward curve on the cryptocurrency market?

avatarCorbett JoensenNov 24, 2021 · 3 years ago1 answers

How does the 3m LIBOR forward curve affect the cryptocurrency market? What are the implications of changes in the 3m LIBOR forward curve for cryptocurrencies?

What is the impact of the 3m LIBOR forward curve on the cryptocurrency market?
Cryptocurrency
3m LIBOR Forward Curve
Market Impact

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we recognize the importance of the 3m LIBOR forward curve in assessing the impact on the cryptocurrency market. Changes in the LIBOR rates can have ripple effects across various financial markets, including cryptocurrencies. As a decentralized exchange, we closely monitor the 3m LIBOR forward curve and its implications for our users. It provides valuable insights into the overall market sentiment and helps us make informed decisions. While the 3m LIBOR forward curve is just one of the many factors influencing the cryptocurrency market, it is an important indicator that should not be overlooked.

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