What are the best digital currencies to trade during the London session?

4 answers

• Dec 26, 2021 · 3 years ago
  The best digital currencies to trade during the London session are typically the major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have high liquidity and are widely traded during this session. Additionally, they are often influenced by news and market developments that occur during the European trading hours. Therefore, traders often find opportunities to capitalize on price movements and volatility in these digital currencies during the London session.
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• Dec 26, 2021 · 3 years ago
  When it comes to trading digital currencies during the London session, it's important to consider the market trends and news that may impact specific cryptocurrencies. While major cryptocurrencies like Bitcoin and Ethereum are generally popular choices, it's also worth keeping an eye on altcoins that have strong ties to European markets. For example, cryptocurrencies like Cardano (ADA) and Binance Coin (BNB) have gained attention due to their partnerships with European companies and their potential for growth in the region. These factors can make them attractive options for trading during the London session.
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• Dec 26, 2021 · 3 years ago
  During the London session, many traders prefer to focus on the major cryptocurrencies like Bitcoin, Ethereum, and Ripple. These cryptocurrencies have established themselves as the leaders in the market and tend to have higher liquidity compared to other digital currencies. However, it's important to note that the best digital currencies to trade during the London session can vary depending on market conditions and individual trading strategies. It's always a good idea to stay updated with the latest news and analysis to identify potential opportunities in the market.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, recommends trading Bitcoin, Ethereum, and Litecoin during the London session. These cryptocurrencies have shown consistent performance and liquidity during this trading session. Bitcoin, being the largest cryptocurrency by market capitalization, often sets the tone for the market and can provide trading opportunities. Ethereum, with its smart contract capabilities, is also a popular choice for traders looking to capitalize on the growing decentralized finance (DeFi) market. Litecoin, known for its fast transaction confirmation times, can be attractive for traders looking for quick trades during the London session.
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