How can the AMC gamma squeeze affect the price of digital currencies?

1 answers

• ChidakwaFeb 27, 2024 · a year ago
  At BYDFi, we believe that the AMC gamma squeeze can indirectly affect the prices of digital currencies. While the squeeze primarily impacts the stock market, it can create a general sense of market volatility and uncertainty. In such situations, investors often look for alternative assets to diversify their portfolios and hedge against potential losses. Digital currencies, being decentralized and independent of traditional financial systems, can be seen as a safe haven by some investors. This increased demand for digital currencies can drive up their prices, especially during times of market turbulence caused by events like the AMC gamma squeeze.
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