How does the BTP-Bund spread affect the trading volume of cryptocurrencies?
kaosoeNov 26, 2021 · 3 years ago1 answers
Can you explain the relationship between the BTP-Bund spread and the trading volume of cryptocurrencies? How does the BTP-Bund spread impact the demand for cryptocurrencies and the overall trading activity in the market?
1 answers
- Nov 26, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confirm that the BTP-Bund spread does have an impact on the trading volume of cryptocurrencies. At BYDFi, we have observed that when the BTP-Bund spread widens, there is usually an increase in trading volume for cryptocurrencies. This can be attributed to the fact that investors perceive cryptocurrencies as a safe haven asset during times of economic uncertainty. However, it is important to note that the BTP-Bund spread is just one of many factors that can influence the trading volume, and it should be considered in conjunction with other market indicators.
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