Are there any correlations between 2 year note futures and the volatility of digital currencies?

Is there a relationship between the trading of 2 year note futures and the volatility of digital currencies? Can the performance of 2 year note futures be used as an indicator for predicting the volatility of digital currencies?

3 answers
- Yes, there can be correlations between the trading of 2 year note futures and the volatility of digital currencies. As 2 year note futures are considered a safe haven investment, when there is increased uncertainty in the market, investors tend to flock to these futures, which can lead to increased volatility in digital currencies. However, it's important to note that correlation does not imply causation, and other factors such as market sentiment and regulatory changes can also impact the volatility of digital currencies.
Mar 22, 2022 · 3 years ago
- Absolutely! The trading of 2 year note futures and the volatility of digital currencies can be closely related. When there is a significant change in the interest rates of 2 year notes, it can have a ripple effect on the overall market sentiment, which in turn can impact the volatility of digital currencies. Traders and investors often keep an eye on the performance of 2 year note futures as a potential indicator for predicting the volatility of digital currencies.
Mar 22, 2022 · 3 years ago
- According to a study conducted by BYDFi, there is indeed a correlation between the trading of 2 year note futures and the volatility of digital currencies. The study analyzed historical data and found that when there were significant movements in the 2 year note futures market, it often coincided with increased volatility in digital currencies. This suggests that monitoring the performance of 2 year note futures can provide valuable insights for predicting the volatility of digital currencies.
Mar 22, 2022 · 3 years ago
Related Tags
Hot Questions
- 78
How does cryptocurrency affect my tax return?
- 75
Are there any special tax rules for crypto investors?
- 45
How can I protect my digital assets from hackers?
- 40
What is the future of blockchain technology?
- 35
What are the best practices for reporting cryptocurrency on my taxes?
- 31
How can I buy Bitcoin with a credit card?
- 15
What are the advantages of using cryptocurrency for online transactions?
- 11
What are the best digital currencies to invest in right now?