Caterina
Sat Aug 17 2024
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6 answers
1656
What is high beta crypto?
Excuse me, could you please clarify what is meant by "high beta crypto"? I'm familiar with the term "beta" in finance, referring to the volatility or risk of an asset relative to the overall market, but I'm not sure how it applies specifically to cryptocurrencies. Is it a way to measure the potential for price fluctuations in a particular digital currency? And if so, what factors might contribute to a cryptocurrency being classified as high beta? I'm interested in understanding how this might affect investment decisions and risk management strategies in the crypto space.
