How does the 2-10 spread affect the trading volume of cryptocurrencies?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we've observed that the 2-10 spread can have a significant impact on the trading volume of cryptocurrencies. When the spread widens, indicating a more positive economic outlook, we tend to see increased trading activity as investors seek higher returns. Conversely, when the spread narrows, signaling a more cautious market sentiment, trading volume in cryptocurrencies may decrease. It's important for traders and investors to monitor the 2-10 spread as part of their overall market analysis and decision-making process.
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