What is the impact of the triple witching hour on cryptocurrency markets?
muhammad sherdilDec 17, 2021 · 3 years ago1 answers
Can you explain what the triple witching hour is and how it affects the cryptocurrency markets? How do traders and investors prepare for this event?
1 answers
- Dec 17, 2021 · 3 years agoThe triple witching hour, also known as triple witching Friday, is a quarterly event that occurs on the third Friday of March, June, September, and December. It refers to the simultaneous expiration of three different types of financial instruments: stock index futures, stock index options, and stock options. While this event can lead to increased volatility and trading volume in traditional markets, its impact on cryptocurrency markets is generally limited. Cryptocurrency markets are driven by a wide range of factors, including market sentiment, regulatory news, and technological advancements. Traders and investors in the cryptocurrency space are more likely to focus on these factors rather than the expiration of financial instruments. Therefore, the triple witching hour does not have a significant impact on cryptocurrency markets.
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