What is the impact of quad witch day on the cryptocurrency market?
Florijona OsmanajDec 25, 2021 · 3 years ago1 answers
Can you explain what quad witch day is and how it affects the cryptocurrency market? What are the specific factors that contribute to its impact?
1 answers
- Dec 25, 2021 · 3 years agoQuad witch day is a significant event in the financial markets that can have an impact on the cryptocurrency market. It refers to the simultaneous expiration of four different types of financial derivatives, including stock index futures, stock index options, stock options, and single stock futures. This event usually occurs on the third Friday of March, June, September, and December. The expiration of these derivatives can lead to increased trading volume and volatility in the traditional financial markets, which can spill over into the cryptocurrency market. Traders and investors should be aware of quad witch day and its potential effects on the cryptocurrency market to make informed decisions.
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