gshockxccNov 26, 2021 · 3 years ago6 answers How can the average 30 day SOFR rate be used to predict the future performance of cryptocurrencies?
How can the average 30 day SOFR (Secured Overnight Financing Rate) rate be utilized to forecast the future performance of cryptocurrencies? What is the relationship between the SOFR rate and the price movement of cryptocurrencies? Are there any specific patterns or correlations that can be observed? Can the SOFR rate be considered as a reliable indicator for predicting the future performance of cryptocurrencies?