How did the Japan market holidays in 2016 impact the cryptocurrency market?

3 answers

• Dec 17, 2021 · 3 years ago
  During the Japan market holidays in 2016, the cryptocurrency market experienced a decrease in trading volume and volatility. Many Japanese traders were unable to participate in the market due to the holidays, resulting in lower liquidity. This led to a decrease in price fluctuations and a relatively stable market during that period.
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• Dec 17, 2021 · 3 years ago
  The impact of the Japan market holidays in 2016 on the cryptocurrency market was minimal. While there may have been a slight decrease in trading activity during those holidays, it did not have a significant long-term effect on the market. Cryptocurrency markets are global and operate 24/7, so the absence of Japanese traders for a few days did not cause any major disruptions.
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• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency market, I can confirm that the Japan market holidays in 2016 had a temporary impact on the market. The absence of Japanese traders during those holidays resulted in lower trading volume and reduced market activity. However, the market quickly recovered once the holidays were over, and the impact was not significant enough to cause any major changes in the overall market trend.
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