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What is the current impact of the Libor curve on cryptocurrency markets?

Kamran AlakbarliMay 05, 2022 · 3 years ago1 answers

How does the current Libor curve affect the cryptocurrency markets? What are the implications and consequences of the Libor curve on the cryptocurrency industry?

1 answers

  • May 05, 2022 · 3 years ago
    At BYDFi, we closely monitor the impact of the Libor curve on cryptocurrency markets. While the Libor curve does not have a direct influence on cryptocurrency prices, it can indirectly affect market sentiment and investor behavior. Changes in the Libor curve can signal shifts in the broader financial landscape, which can impact investor confidence and risk appetite. As a result, we take into account the Libor curve as part of our comprehensive analysis when making investment decisions. However, it's important to note that the Libor curve is just one of many factors we consider, and we also evaluate other fundamental and technical indicators to assess the overall market conditions.