Which cryptocurrencies are most active during the opening hours of the European market?
Munish KumarDec 25, 2021 · 3 years ago3 answers
During the opening hours of the European market, which cryptocurrencies experience the highest level of activity?
3 answers
- Dec 25, 2021 · 3 years agoThe most active cryptocurrencies during the opening hours of the European market tend to be the major ones such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large market capitalization and are widely traded across various exchanges. Traders and investors are more likely to focus on these cryptocurrencies during the European market hours due to their liquidity and high trading volumes. Additionally, other popular cryptocurrencies like Litecoin (LTC) and Bitcoin Cash (BCH) also experience significant activity during this time.
- Dec 25, 2021 · 3 years agoWhen it comes to the European market opening hours, Bitcoin (BTC) is usually the most active cryptocurrency. It's the largest and most well-known cryptocurrency, so it attracts a lot of attention from traders and investors. Ethereum (ETH) is another highly active cryptocurrency during this time, as it is the second-largest by market capitalization and has a strong presence in the European market. Other cryptocurrencies that often see high activity during the opening hours include Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have established themselves as major players in the digital asset space and are frequently traded during the European market hours.
- Dec 25, 2021 · 3 years agoDuring the opening hours of the European market, the most active cryptocurrencies are typically Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a strong presence in the European market and are widely traded by both retail and institutional investors. Bitcoin (BTC) is often considered the benchmark for the cryptocurrency market and tends to set the tone for other cryptocurrencies. Ethereum (ETH) is known for its smart contract capabilities and has a large developer community. Ripple (XRP) is a digital payment protocol that aims to facilitate fast and low-cost international money transfers. These cryptocurrencies attract significant trading volume during the European market hours, making them the most active during this time.
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