What are the most volatile digital assets in the premarket trading session?
BhargavDec 25, 2021 · 3 years ago3 answers
In the premarket trading session, which digital assets experience the highest levels of volatility?
3 answers
- Dec 25, 2021 · 3 years agoDuring the premarket trading session, digital assets such as Bitcoin, Ethereum, and Ripple tend to exhibit the highest levels of volatility. This is due to the lower liquidity and reduced trading volume during this time, which can amplify price movements. Traders and investors should be aware of the increased risk associated with trading these assets during the premarket session.
- Dec 25, 2021 · 3 years agoThe most volatile digital assets in the premarket trading session are often the ones that have recently experienced significant news or events. For example, if a digital asset announces a major partnership or regulatory development outside of regular trading hours, it can lead to increased volatility when the market opens. Traders should stay updated on the latest news and events to identify potential opportunities for profit during the premarket session.
- Dec 25, 2021 · 3 years agoAccording to a study conducted by BYDFi, the most volatile digital assets in the premarket trading session are often those with lower market capitalization and trading volume. These assets tend to be more susceptible to price manipulation and sudden price swings. Traders should exercise caution when trading these assets and consider implementing risk management strategies to mitigate potential losses.
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