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What is the impact of the LIBOR 3-month forward curve on cryptocurrency prices?

avatarLeander Plumbing CompanyNov 28, 2021 · 3 years ago1 answers

How does the LIBOR 3-month forward curve affect the prices of cryptocurrencies?

What is the impact of the LIBOR 3-month forward curve on cryptocurrency prices?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we recognize the importance of monitoring the LIBOR 3-month forward curve as it can provide valuable insights into market expectations for interest rates. While it doesn't directly impact cryptocurrency prices, it can indirectly influence market sentiment and borrowing costs. As a digital asset exchange, we encourage our users to stay informed about market trends and factors that can affect cryptocurrency prices. The LIBOR 3-month forward curve is just one of many indicators that traders and investors consider when making decisions in the cryptocurrency market.