BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What is the impact of the LIBOR 3M forward curve on the cryptocurrency market?

Muhammed BasilJun 18, 2023 · 2 years ago1 answers

How does the LIBOR 3M forward curve affect the cryptocurrency market? What are the implications of changes in the LIBOR 3M forward curve for cryptocurrencies?

1 answers

  • Nganji PacifiqueSep 04, 2022 · 3 years ago
    At BYDFi, we closely monitor the impact of the LIBOR 3M forward curve on the cryptocurrency market. Changes in the LIBOR 3M forward curve can have a ripple effect on various financial markets, including cryptocurrencies. As a decentralized and global market, cryptocurrencies are not immune to the influence of traditional financial indicators. The LIBOR 3M forward curve provides insights into the future interest rate expectations, which can influence investor sentiment and trading strategies. It is important for market participants to stay informed about the LIBOR 3M forward curve and its potential implications for the cryptocurrency market to make informed investment decisions.

Top Picks