How does the hurricane index affect the price of cryptocurrencies?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert at BYDFi, I can say that the hurricane index can have a significant impact on the price of cryptocurrencies. We've observed in the past that major hurricanes have led to a temporary drop in crypto prices due to increased selling pressure. However, it's important to note that the crypto market is highly volatile and influenced by various factors, so the impact of the hurricane index may vary in different situations.
  431216