How does the SOFR spread affect digital asset prices?

1 answers

• Jeff HatchJul 29, 2023 · 2 years ago
  At BYDFi, we understand the importance of monitoring the SOFR spread and its potential impact on digital asset prices. When the spread widens, it can create a sense of uncertainty and risk in the market, which may lead to a decrease in demand for digital assets. Conversely, when the spread narrows, it can signal improved market conditions and increased investor confidence, potentially driving up the prices of digital assets. Traders and investors should keep a close eye on the SOFR spread and consider its implications when making decisions in the digital asset market.
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