How does the e-mini futures trading hours affect the volatility of digital currencies?
Max BodkerNov 28, 2021 · 3 years ago1 answers
Can you explain how the trading hours of e-mini futures impact the volatility of digital currencies? I'm curious to know if there is a correlation between the two and how it affects the overall market.
1 answers
- Nov 28, 2021 · 3 years agoThe e-mini futures trading hours can indeed affect the volatility of digital currencies. When the e-mini futures market is open, it provides an additional avenue for traders to speculate on the price movements of digital currencies. This increased trading activity can lead to higher volatility as more participants enter the market. However, it's important to note that the impact may not be solely attributed to e-mini futures trading hours. Other factors such as market sentiment, news events, and regulatory developments can also contribute to the volatility of digital currencies. Therefore, it's essential to consider a holistic approach when analyzing the relationship between e-mini futures trading hours and digital currencies' volatility.
Related Tags
Hot Questions
- 66
What are the tax implications of using cryptocurrency?
- 61
How can I buy Bitcoin with a credit card?
- 51
How can I protect my digital assets from hackers?
- 50
How can I minimize my tax liability when dealing with cryptocurrencies?
- 37
How does cryptocurrency affect my tax return?
- 27
What are the advantages of using cryptocurrency for online transactions?
- 26
Are there any special tax rules for crypto investors?
- 22
What is the future of blockchain technology?