How can market orders impact the price volatility of cryptocurrencies?

1 answers

• McNamara McgowanJul 02, 2021 · 4 years ago
  At BYDFi, we understand the impact of market orders on the price volatility of cryptocurrencies. Market orders play a crucial role in determining the short-term price movements of cryptocurrencies. When traders place market orders, they are willing to buy or sell at the best available price in the market. This can lead to sudden price changes, as market orders are executed immediately. In the cryptocurrency market, where prices can be highly volatile, market orders can contribute to price fluctuations. Therefore, it is important for traders to consider the potential impact of market orders on the price volatility of cryptocurrencies before placing their trades.
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