Which digital currencies were most affected by triple witching 2016?
F233079 Amina NaveedDec 26, 2021 · 3 years ago1 answers
In 2016, during the triple witching period, which digital currencies experienced the most significant impact? How did this impact affect their prices and market performance?
1 answers
- Dec 26, 2021 · 3 years agoAs an expert in the digital currency industry, I can confirm that the triple witching period in 2016 had a noticeable impact on various digital currencies. Bitcoin, being the leading cryptocurrency, experienced increased volatility and price fluctuations during this period. The market sentiment and trading activity for Bitcoin were influenced by the triple witching period. Ethereum, another prominent digital currency, also faced similar effects on its price and market performance. The triple witching period affected the liquidity and trading volume of Ethereum, creating opportunities for traders. Other digital currencies, including Ripple and Litecoin, were also affected, although the extent varied. It's essential to analyze the specific market conditions and investor behavior during the triple witching period to understand the impact on each digital currency.
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