How do CL futures trading hours affect the price of cryptocurrencies?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, we believe that the CL futures trading hours can have a notable influence on the price of cryptocurrencies. The correlation between oil prices and cryptocurrencies has been observed in the past, and the trading hours of CL futures provide an opportunity for this correlation to manifest. As a result, we recommend that cryptocurrency traders pay close attention to the CL futures trading hours and consider the potential impact on cryptocurrency prices. However, it is important to note that the relationship between CL futures trading hours and cryptocurrency prices is complex and can be influenced by various factors. Therefore, it is advisable to conduct thorough research and analysis before making any trading decisions based on CL futures trading hours.
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