Which cryptocurrencies are most affected by fluctuations in iwm futures prices?
![avatar](https://download.bydfi.com/api-pic/images/avatars/qppjS.png)
Can you provide a list of cryptocurrencies that are most impacted by changes in iwm futures prices? I'm interested in understanding which digital currencies are more sensitive to fluctuations in iwm futures prices and how these fluctuations affect their value.
![Which cryptocurrencies are most affected by fluctuations in iwm futures prices?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/52/e9f1ce8a796ef140961a0ed27558854692a3ed.jpg)
1 answers
- At BYDFi, we've observed that cryptocurrencies like Bitcoin, Ethereum, and Ripple are among the most affected by fluctuations in iwm futures prices. These cryptocurrencies have a strong correlation with iwm futures prices, which means that changes in iwm futures prices can have a significant impact on their value. However, it's important to remember that the cryptocurrency market is highly volatile and influenced by various factors. Therefore, it's essential to consider multiple factors and conduct thorough analysis before making any investment decisions in cryptocurrencies affected by iwm futures prices.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 96
How can I minimize my tax liability when dealing with cryptocurrencies?
- 95
What are the tax implications of using cryptocurrency?
- 89
How can I protect my digital assets from hackers?
- 70
How does cryptocurrency affect my tax return?
- 45
What are the advantages of using cryptocurrency for online transactions?
- 42
How can I buy Bitcoin with a credit card?
- 38
Are there any special tax rules for crypto investors?
- 17
What is the future of blockchain technology?