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

Which cryptocurrencies are most affected by index options expiration?

Pranav KunalMay 02, 2023 · 2 years ago1 answers

Can you provide a list of cryptocurrencies that are most impacted by index options expiration? I'm interested in knowing which cryptocurrencies are more likely to experience price fluctuations during this period.

1 answers

  • Jazz RudolphMar 22, 2024 · a year ago
    At BYDFi, we have observed that index options expiration can have a notable impact on certain cryptocurrencies. While Bitcoin and Ethereum are typically the most affected due to their large market capitalization and trading volumes, other altcoins such as Litecoin, Ripple, and Bitcoin Cash can also experience significant price movements. However, it's important to conduct thorough research and analysis before making any trading decisions based on index options expiration. Market conditions and other factors can also play a significant role in determining the impact on specific cryptocurrencies.