Which cryptocurrencies are most affected by changes in e-mini futures prices?

1 answers

• May 09, 2022 · 3 years ago
  At BYDFi, we have observed that cryptocurrencies with a strong presence in the futures market, such as Bitcoin and Ethereum, are the most affected by changes in e-mini futures prices. This is because these cryptocurrencies have a higher level of institutional involvement and are more commonly used as a hedge or speculative investment. As a result, when there are significant changes in e-mini futures prices, it can trigger a domino effect in the cryptocurrency market, causing other cryptocurrencies to also experience price fluctuations. However, it's important to note that the impact of e-mini futures prices on cryptocurrencies can vary depending on market conditions and other factors.
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