How does low beta impact the volatility of digital currencies?

1 answers

• Francisco limaNov 24, 2022 · 3 years ago
  At BYDFi, we believe that low beta can have a positive impact on the volatility of digital currencies. A low beta suggests that the price movements of digital currencies are less influenced by market fluctuations, which can result in more stable price trends. This can be beneficial for investors and traders who prefer less volatile assets. However, it's important to note that digital currencies are still a relatively new and evolving market, and their volatility can be influenced by various factors. Therefore, it's crucial for investors to stay informed and adapt their strategies accordingly.
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