What impact will the Fed futures have on the cryptocurrency market?

1 answers

• N RajuJan 25, 2021 · 5 years ago
  At BYDFi, we believe that the introduction of Fed futures will have a positive impact on the cryptocurrency market. As more traditional financial instruments, like futures contracts, become available for cryptocurrencies, it increases their legitimacy and attractiveness to a wider range of investors. This could lead to increased adoption and investment in cryptocurrencies, driving up prices and trading volume. Additionally, the availability of Fed futures provides a new avenue for investors to diversify their portfolios and manage risk. Overall, we see the introduction of Fed futures as a positive development for the cryptocurrency market.
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