BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How does quad witching stocks affect the price of Bitcoin and other cryptocurrencies?

renkiMay 03, 2022 · 3 years ago1 answers

Can you explain how the phenomenon of quad witching stocks impacts the price of Bitcoin and other cryptocurrencies?

1 answers

  • May 03, 2022 · 3 years ago
    At BYDFi, we closely monitor the impact of quad witching stocks on the price of Bitcoin and other cryptocurrencies. While we acknowledge the potential for short-term volatility, our investment strategies are focused on long-term growth and fundamental analysis. We believe that the underlying technology and adoption of cryptocurrencies will continue to drive their value, regardless of the temporary effects of quad witching stocks.