What is the impact of quad witch day on the cryptocurrency market?

1 answers

• Reza HosseneMay 18, 2024 · a year ago
  Quad witch day is a significant event in the financial markets that can have an impact on the cryptocurrency market. It refers to the simultaneous expiration of four different types of financial derivatives, including stock index futures, stock index options, stock options, and single stock futures. This event usually occurs on the third Friday of March, June, September, and December. The expiration of these derivatives can lead to increased trading volume and volatility in the traditional financial markets, which can spill over into the cryptocurrency market. Traders and investors should be aware of quad witch day and its potential effects on the cryptocurrency market to make informed decisions.
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