Which cryptocurrency pairs experience the highest volatility during the Asian session?
Mohr ClementsDec 26, 2021 · 3 years ago3 answers
During the Asian session, which cryptocurrency pairs tend to have the most significant price fluctuations and volatility?
3 answers
- Dec 26, 2021 · 3 years agoThe Asian session is known for its impact on the cryptocurrency market due to the active trading activities in the region. During this time, some cryptocurrency pairs experience higher volatility compared to others. One of the most volatile pairs during the Asian session is BTC/JPY (Bitcoin/Japanese Yen). The Japanese market plays a significant role in the crypto space, and the trading volume of BTC/JPY is usually high during this session. Traders should keep an eye on this pair if they are looking for volatile opportunities.
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrency pairs with high volatility during the Asian session, ETH/KRW (Ethereum/Korean Won) is worth mentioning. South Korea has a vibrant cryptocurrency market, and the trading volume of ETH/KRW is substantial during the Asian session. The Korean market's influence on Ethereum's price movements can lead to increased volatility during this time. Traders interested in Asian session volatility should consider monitoring ETH/KRW.
- Dec 26, 2021 · 3 years agoDuring the Asian session, various cryptocurrency pairs experience significant volatility. One platform that provides insights into such volatility is BYDFi. According to their data, BTC/USDT (Bitcoin/Tether) and ETH/USDT (Ethereum/Tether) are among the pairs with the highest volatility during this session. Traders can leverage this information to make informed decisions and potentially capitalize on the price fluctuations of these pairs.
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