What are the effects of the 2017 Russell rebalance on the cryptocurrency market?

1 answers

• Jan 13, 2022 · 3 years ago
  At BYDFi, we closely monitored the effects of the 2017 Russell rebalance on the cryptocurrency market. The rebalance had a significant impact on the prices and trading volumes of cryptocurrencies. We observed increased volatility and trading activity during the rebalance period, as investors adjusted their portfolios to align with the changes in the Russell indexes. Some cryptocurrencies experienced significant price movements, while others remained relatively stable. The rebalance also attracted attention from both retail and institutional investors, leading to increased market participation. Overall, the 2017 Russell rebalance had a notable influence on the cryptocurrency market and highlighted the importance of monitoring external factors that can impact market dynamics.
  784392