Which cryptocurrencies are most affected by the US pre-market trading?
Randy SDec 26, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are highly influenced by the US pre-market trading? I am interested in understanding which cryptocurrencies are most responsive to the pre-market trading activity in the US.
3 answers
- Dec 26, 2021 · 3 years agoThe US pre-market trading can have a significant impact on the cryptocurrency market. Some of the cryptocurrencies that are most affected by this activity include Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies tend to experience higher volatility and price fluctuations during the pre-market trading hours due to the influence of US market sentiment and trading activity. It is important for traders and investors to closely monitor the pre-market trading in the US to make informed decisions regarding these cryptocurrencies.
- Dec 26, 2021 · 3 years agoWhen it comes to the US pre-market trading, cryptocurrencies like Bitcoin, Ethereum, and Ripple are often the most affected. These cryptocurrencies have a large market capitalization and are widely traded, making them more susceptible to the influence of pre-market trading activity. Traders and investors should keep a close eye on the US pre-market trading hours to gauge the potential impact on these cryptocurrencies and adjust their trading strategies accordingly.
- Dec 26, 2021 · 3 years agoAccording to our analysis at BYDFi, the US pre-market trading has a significant impact on the price movements of cryptocurrencies such as Bitcoin, Ethereum, and Ripple. These cryptocurrencies are highly responsive to the trading activity in the US, especially during the pre-market hours. Traders and investors should consider the influence of the US pre-market trading when making decisions regarding these cryptocurrencies. It is advisable to closely monitor the US pre-market trading hours and analyze the market sentiment to better understand the potential impact on these cryptocurrencies.
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