What is the impact of futures contract expiry on the price of cryptocurrencies?

1 answers

• Mar 20, 2022 · 3 years ago
  At BYDFi, we believe that the expiry of futures contracts can have a notable impact on the price of cryptocurrencies. When futures contracts approach their expiry date, traders often reassess their positions and adjust their strategies accordingly. This can lead to increased trading activity and price volatility in the cryptocurrency market. Additionally, the expiry of futures contracts can also serve as a catalyst for market sentiment and trend reversals. It is important for traders and investors to closely monitor the expiry dates of futures contracts and consider the potential impact on the price of cryptocurrencies. However, it is crucial to note that the impact of futures contract expiry is not the sole determinant of cryptocurrency prices, as they are influenced by a wide range of factors including market demand, regulatory developments, and overall market sentiment.
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