Were there any correlations between the causes of the Black Monday crash in 1987 and the volatility of digital currencies?

3 answers

• Dec 16, 2021 · 3 years ago
  There is no direct correlation between the causes of the Black Monday crash in 1987 and the volatility of digital currencies. The Black Monday crash was primarily caused by a combination of factors such as program trading, overvaluation, and panic selling. On the other hand, the volatility of digital currencies is influenced by factors like market demand, regulatory changes, and investor sentiment. While both events involved market crashes, the underlying causes and dynamics were different.
  495248
• Dec 16, 2021 · 3 years ago
  The Black Monday crash in 1987 and the volatility of digital currencies are two separate events with distinct causes. The Black Monday crash was triggered by a combination of factors including the failure of computerized trading systems and a lack of liquidity. On the other hand, the volatility of digital currencies is driven by factors such as market speculation, technological advancements, and regulatory developments. Although both events had a significant impact on the financial markets, they cannot be directly linked.
  527176
• Dec 16, 2021 · 3 years ago
  As a digital currency exchange, BYDFi has observed that the causes of the Black Monday crash in 1987 and the volatility of digital currencies are not directly correlated. The Black Monday crash was mainly caused by a combination of factors such as program trading and panic selling, while the volatility of digital currencies is influenced by factors like market demand and regulatory changes. It is important to analyze each event separately and understand the unique factors that contribute to their outcomes.
  511128