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How does the 12pm CEST time affect the cryptocurrency market?

avatarRaun BentleyDec 26, 2021 · 3 years ago3 answers

What is the impact of the 12pm CEST time on the cryptocurrency market? How does this specific time affect the trading volume, price fluctuations, and overall market sentiment?

How does the 12pm CEST time affect the cryptocurrency market?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The 12pm CEST time is an important period for the cryptocurrency market. During this time, there is often a surge in trading volume as traders from different time zones are actively participating in the market. This increased activity can lead to higher price fluctuations, as more buy and sell orders are executed. Additionally, market sentiment can be influenced by the actions and news that occur during this time. Overall, the 12pm CEST time can have a significant impact on the cryptocurrency market dynamics.
  • avatarDec 26, 2021 · 3 years ago
    Ah, the infamous 12pm CEST time! It's like a mini roller coaster ride for the cryptocurrency market. The increased trading volume during this time can make the prices go up and down like crazy. It's a prime time for traders to make quick profits or get burned. So, if you're planning to trade cryptocurrencies, buckle up and get ready for some wild swings around 12pm CEST!
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we've observed that the 12pm CEST time often brings a surge in trading activity. This can be attributed to the overlap of trading hours between different regions, leading to increased liquidity and volatility in the cryptocurrency market. Traders should be aware of the potential impact of this time and adjust their strategies accordingly. It's always a good idea to stay informed about any major news or events that may occur during this period, as they can significantly influence market sentiment and price movements.