What are the factors that can cause the tick value of NQ futures to fluctuate in the cryptocurrency market?
oemer faruk kartalDec 27, 2021 · 3 years ago1 answers
What are the main factors that can cause the tick value of NQ futures to fluctuate in the cryptocurrency market? How do these factors affect the tick value?
1 answers
- Dec 27, 2021 · 3 years agoThe tick value of NQ futures in the cryptocurrency market can be influenced by various factors. One important factor is the overall market volatility. Cryptocurrencies are known for their high volatility, and this can directly impact the tick value of NQ futures. If there is increased volatility in the cryptocurrency market, the tick value is likely to fluctuate more. Another factor is the performance of other cryptocurrencies. Since the cryptocurrency market is interconnected, the tick value of NQ futures can be affected by the performance of other cryptocurrencies. If there is a significant price movement in a major cryptocurrency, it can have a ripple effect on the tick value of NQ futures. Additionally, regulatory changes and government policies related to cryptocurrencies can also impact the tick value. Any new regulations or restrictions can cause uncertainty in the market and lead to fluctuations in the tick value of NQ futures.
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