How does NASDAQ affect the trading volume of cryptocurrencies?

3 answers

• Dec 18, 2021 · 3 years ago
  NASDAQ plays a significant role in the trading volume of cryptocurrencies. With its reputation as a major stock exchange, the listing of cryptocurrencies on NASDAQ can attract more investors and traders, leading to increased trading volume. The presence of NASDAQ also brings a sense of legitimacy and trust to the cryptocurrency market, which can encourage more people to participate in trading.
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• Dec 18, 2021 · 3 years ago
  When cryptocurrencies are listed on NASDAQ, it can create a positive sentiment among investors and traders. This can result in increased trading activity as more people become interested in the listed cryptocurrencies. Additionally, the exposure and visibility that come with being listed on NASDAQ can attract institutional investors, who often have a significant impact on trading volume.
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• Dec 18, 2021 · 3 years ago
  As an expert at BYDFi, I can say that the listing of cryptocurrencies on NASDAQ can have a positive effect on their trading volume. The reputation and credibility of NASDAQ can attract more investors and traders, leading to increased liquidity and trading activity. It also provides an opportunity for cryptocurrencies to gain mainstream recognition and acceptance, which can further boost their trading volume.
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