Norton ReidDec 17, 2021 · 3 years ago6 answers What is the impact of monthly SOFR on the cryptocurrency market?
How does the monthly Secured Overnight Financing Rate (SOFR) affect the cryptocurrency market? What are the potential implications and consequences of this interest rate on the digital currency industry? How does it influence the trading activities, price movements, and investor sentiment in the cryptocurrency market? Please provide a comprehensive analysis of the relationship between monthly SOFR and the cryptocurrency market.