Which cryptocurrencies are most affected by option trading volatility?

1 answers

• May 03, 2022 · 3 years ago
  Option trading volatility can indeed have a substantial influence on certain cryptocurrencies. Bitcoin, being the dominant player in the market, is often the most impacted by such volatility. Ethereum, as the second-largest cryptocurrency, is also significantly affected. Ripple, Litecoin, and Bitcoin Cash are among the altcoins that can experience notable price movements due to option trading activity. However, it's important to consider that the cryptocurrency market is highly volatile in general, and option trading can further amplify this volatility. Therefore, it's crucial to exercise caution and conduct thorough analysis before engaging in any trading activities.
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