How does the price of NQ micro futures compare to other digital currencies?

3 answers

• Nov 26, 2021 · 3 years ago
  The price of NQ micro futures, a derivative contract based on the Nasdaq-100 Index, can vary significantly from the prices of digital currencies like Bitcoin and Ethereum. While digital currencies are decentralized and subject to market forces, NQ micro futures are influenced by the performance of the Nasdaq-100 Index and other factors. This can result in differences in price movements and volatility between NQ micro futures and digital currencies.
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• Nov 26, 2021 · 3 years ago
  When comparing the price of NQ micro futures to other digital currencies, it's important to consider the underlying assets and market dynamics. Digital currencies like Bitcoin and Ethereum are primarily used as mediums of exchange and stores of value, while NQ micro futures are financial instruments used for speculation and hedging. As a result, the price movements of NQ micro futures may not always align with those of digital currencies.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, offers NQ micro futures trading alongside a wide range of other digital currencies. The price of NQ micro futures on BYDFi can be compared to the prices of other digital currencies listed on the exchange. However, it's worth noting that the trading volume and liquidity of NQ micro futures may be different from those of more established digital currencies like Bitcoin and Ethereum.
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