How does the number of fiscal quarters in a year affect the performance of digital currencies?

1 answers

• May 07, 2022 · 3 years ago
  At BYDFi, we believe that the number of fiscal quarters in a year does have an impact on the performance of digital currencies. Our analysis has shown that digital currencies tend to experience increased volatility and trading activity around the time of quarterly financial reports. This can be attributed to the fact that investors closely monitor these reports for any indications of the project's financial health and growth potential. As a result, the number of fiscal quarters can influence market sentiment and investor behavior, ultimately affecting the performance of digital currencies. However, it is important to consider other factors such as market trends, technological advancements, and regulatory changes when evaluating the performance of digital currencies.
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