McConnell BairdDec 15, 2021 · 3 years ago8 answers How does the three month SOFR rate affect digital asset prices?
Can you explain how the three month SOFR rate influences the prices of digital assets? I'm curious to know how this specific interest rate affects the value and volatility of cryptocurrencies and other digital assets. Are there any patterns or correlations between the SOFR rate and the digital asset market? How do traders and investors interpret and react to changes in the SOFR rate? Please provide some insights into this relationship.