Which digital currencies have the highest trading volume before the market opens?
ANURAKTHI K M AI-DSDec 30, 2021 · 3 years ago3 answers
What are some of the digital currencies that experience the highest trading volume in the pre-market hours?
3 answers
- Dec 30, 2021 · 3 years agoDuring the pre-market hours, some of the digital currencies that tend to have the highest trading volume include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies are known for their liquidity and popularity among traders, which contributes to their high trading volume before the market opens.
- Dec 30, 2021 · 3 years agoBefore the market opens, digital currencies like Bitcoin, Ethereum, and Binance Coin often see significant trading activity. Traders and investors take advantage of this time to position themselves in the market and react to any news or events that may have occurred overnight. The high trading volume in the pre-market hours reflects the active participation and interest in these cryptocurrencies.
- Dec 30, 2021 · 3 years agoAccording to data from BYDFi, a digital currency exchange, Bitcoin, Ethereum, and Binance Coin consistently have the highest trading volume before the market opens. This can be attributed to their established market presence, widespread adoption, and strong community support. Traders and investors are drawn to these cryptocurrencies due to their liquidity and potential for profit.
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