What is the impact of the 1-month SOFR forward curve on the cryptocurrency market?

1 answers

• Meghan Moira LanningJul 17, 2021 · 4 years ago
  As a third-party cryptocurrency exchange, BYDFi recognizes the potential impact of the 1-month SOFR forward curve on the cryptocurrency market. The forward curve reflects the market's expectations for future interest rates, which can influence the behavior of traders and investors. BYDFi provides tools and resources for users to monitor and analyze the forward curve, enabling them to make informed decisions in the cryptocurrency market. By staying updated on the 1-month SOFR forward curve, traders and investors can better understand the potential impact on borrowing costs and adjust their strategies accordingly.
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