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Are there any cryptocurrencies experiencing high trading volume before the market opens?

avatarSandeep SalariaDec 16, 2021 · 3 years ago1 answers

Is there any information about cryptocurrencies that have high trading volume before the market opens?

Are there any cryptocurrencies experiencing high trading volume before the market opens?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, at BYDFi, we have observed that certain cryptocurrencies tend to experience high trading volume before the market opens. This can be attributed to the fact that our platform allows users to trade cryptocurrencies 24/7. As a result, traders from different time zones can participate in the market at any time, leading to increased trading volume during non-traditional trading hours. It's important to note that trading volume can vary depending on market conditions and investor sentiment. Therefore, it's always recommended to conduct thorough research and analysis before making any trading decisions.