common-close-0
BYDFi
Trade wherever you are!
Markets
Buy Cryptocommon-tiny-triangle-down
Tradecommon-tiny-triangle-down
Derivativeshotcommon-tiny-triangle-down
Trading Bots
Partnershipcommon-tiny-triangle-down
Reward Centercommon-new-0
Halloween Carnival Night
header-more-option
header-global
header-download
header-skin-grey-0

Which cryptocurrencies are most affected by ES and MES futures trading?

avatarEssahNov 24, 2021 · 3 years ago1 answers

Can you provide a list of cryptocurrencies that are most impacted by ES and MES futures trading? I'm curious to know which digital currencies are influenced the most by these types of futures trading.

Which cryptocurrencies are most affected by ES and MES futures trading?
Cryptocurrencies
ES Futures Trading
MES Futures Trading

1 answers

  • avatarNov 24, 2021 · 3 years ago
    According to our analysis at BYDFi, Bitcoin and Ethereum are the most affected cryptocurrencies when it comes to ES and MES futures trading. These two digital assets have the highest trading volume and market capitalization, making them more susceptible to price fluctuations caused by futures trading activities. While other cryptocurrencies may also be influenced by futures trading, Bitcoin and Ethereum tend to experience the most significant impact due to their dominant position in the market. It's important for traders and investors to closely monitor futures trading activities to stay informed about potential price movements in these cryptocurrencies.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions