What are the best times to trade cryptocurrencies during Wall Street trading hours?
Minal ahmed SheikhDec 25, 2021 · 3 years ago3 answers
During Wall Street trading hours, when are the optimal times to trade cryptocurrencies?
3 answers
- Dec 25, 2021 · 3 years agoThe best times to trade cryptocurrencies during Wall Street trading hours are typically when there is high trading volume and volatility. This usually occurs during the overlap between the New York and London trading sessions, which is from 8:00 AM to 12:00 PM EST. During this time, there is increased liquidity and market activity, making it easier to execute trades and potentially profit from price movements.
- Dec 25, 2021 · 3 years agoIf you're looking for specific hours to trade cryptocurrencies during Wall Street trading hours, it's important to consider the market you're trading. For example, Bitcoin tends to have higher trading volume and volatility during the early morning hours, while altcoins may see more activity during the afternoon. It's also worth monitoring any major news or events that could impact the market, as these can create opportunities for profitable trades.
- Dec 25, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best times to trade cryptocurrencies during Wall Street trading hours are between 9:30 AM and 4:00 PM EST. This is when the US stock market is open and there is typically higher trading volume and liquidity. However, it's important to note that market conditions can vary, so it's always a good idea to do your own research and analysis before making any trading decisions.
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