Are there any specific hours when cryptocurrencies are more active in the market?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, there are specific hours when cryptocurrencies are more active in the market. Generally, the market is most active during the overlap of trading hours in different time zones. For example, when the Asian and European markets are open at the same time, there tends to be higher trading volume and increased price volatility. However, it's important to note that cryptocurrency markets are open 24/7, so there is always some level of activity throughout the day.
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• Dec 25, 2021 · 3 years ago
  Definitely! The cryptocurrency market never sleeps, but there are certain times when it's more lively. One of the busiest periods is during the Asian trading session, which starts in the evening (UTC) and overlaps with the European session. This is when you'll often see significant price movements and increased trading volume. However, it's worth keeping in mind that unexpected events or news can also cause sudden spikes in activity at any time.
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• Dec 25, 2021 · 3 years ago
  Absolutely! When it comes to cryptocurrency trading, the market is active around the clock. However, there are specific hours when trading volume tends to be higher. According to data from BYDFi, a popular cryptocurrency exchange, the busiest hours are typically between 12:00 UTC and 16:00 UTC. During this time, traders from different regions are actively participating, leading to increased liquidity and potential opportunities for profit. Keep in mind that market activity can vary depending on factors such as news events and market sentiment.
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