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Which cryptocurrencies are most affected by changes in short interest rates?

avatarSo Hao Ha Mỹ TrânDec 18, 2021 · 3 years ago1 answers

What are the cryptocurrencies that are most impacted by fluctuations in short interest rates?

Which cryptocurrencies are most affected by changes in short interest rates?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has observed that Bitcoin and Ethereum are among the cryptocurrencies that are most affected by changes in short interest rates. This is due to their high trading volumes and market capitalization. However, it's important to note that the impact of short interest rates on cryptocurrencies can vary depending on market conditions and other external factors. Investors should conduct thorough research and analysis before making any investment decisions based on short interest rates.