Which cryptocurrencies are most affected by globex futures trading?

3 answers

• Feb 18, 2022 · 3 years ago
  When it comes to cryptocurrencies that are most affected by globex futures trading, Bitcoin and Ethereum are at the top of the list. These two cryptocurrencies have the largest market capitalization and are widely traded on various exchanges. As a result, any significant movement in globex futures contracts can have a significant impact on their prices. Other cryptocurrencies that are also influenced by globex futures trading include Litecoin, Ripple, and Bitcoin Cash. However, it's important to note that the impact may vary depending on market conditions and the specific futures contracts being traded.
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• Feb 18, 2022 · 3 years ago
  Globex futures trading can have a significant impact on the prices of certain cryptocurrencies. Bitcoin, being the largest and most well-known cryptocurrency, is often the most affected by globex futures trading. Ethereum, the second-largest cryptocurrency, is also highly influenced by the trading of globex futures contracts. Other cryptocurrencies that may be impacted include Litecoin, Ripple, and Bitcoin Cash. However, it's important to keep in mind that the impact can vary depending on various factors such as market conditions and the specific futures contracts being traded.
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• Feb 18, 2022 · 3 years ago
  According to our analysis at BYDFi, the cryptocurrencies that are most affected by globex futures trading are Bitcoin and Ethereum. These two cryptocurrencies have the highest trading volumes and market capitalization, making them more susceptible to the impact of globex futures contracts. Other cryptocurrencies that may be influenced by globex futures trading include Litecoin, Ripple, and Bitcoin Cash. However, it's important to note that the impact can vary depending on market conditions and the specific futures contracts being traded. It's always advisable to closely monitor the market and stay informed about the latest developments in globex futures trading.
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