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What is the impact of the NASDAQ holiday schedule on the cryptocurrency market in 2018?

avatarJohn ArsbusterDec 25, 2021 · 3 years ago3 answers

How did the holiday schedule of the NASDAQ stock exchange in 2018 affect the cryptocurrency market?

What is the impact of the NASDAQ holiday schedule on the cryptocurrency market in 2018?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The holiday schedule of the NASDAQ stock exchange in 2018 had a significant impact on the cryptocurrency market. During holidays when the NASDAQ was closed, trading volume and liquidity in the cryptocurrency market tended to be lower. This resulted in increased price volatility and potential for larger price swings. Traders and investors had to be cautious during these periods as market conditions could be more unpredictable. It's important to note that the impact varied depending on the specific holiday and market sentiment at the time. Overall, the NASDAQ holiday schedule played a role in shaping the cryptocurrency market in 2018.
  • avatarDec 25, 2021 · 3 years ago
    The NASDAQ holiday schedule in 2018 affected the cryptocurrency market in several ways. On days when the NASDAQ was closed, there was generally lower trading activity in the cryptocurrency market. This could lead to decreased liquidity and increased price volatility. Additionally, the absence of trading on the NASDAQ may have influenced investor sentiment and overall market confidence. Traders and investors had to consider these factors when making decisions during holiday periods. It's important to stay informed about the holiday schedule and its potential impact on the cryptocurrency market.
  • avatarDec 25, 2021 · 3 years ago
    The NASDAQ holiday schedule in 2018 had a noticeable impact on the cryptocurrency market. As the NASDAQ is one of the largest stock exchanges in the world, its closure on holidays affected market sentiment and trading activity. During these periods, the cryptocurrency market experienced lower trading volumes and reduced liquidity. This could result in increased price volatility and potential opportunities for traders. It's important for cryptocurrency traders to be aware of the NASDAQ holiday schedule and consider its potential impact on market conditions.