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TagsHow does after hours trading affect the price of digital currencies like Bitcoin?
Rakesh RockyMar 15, 2022 · 3 years ago1 answersCan after hours trading impact the price of digital currencies such as Bitcoin? How does the trading activity outside regular market hours affect the overall market and the price of Bitcoin specifically?
1 answers
- At BYDFi, we understand the impact of after hours trading on the price of digital currencies like Bitcoin. While the trading volume may be lower during these hours, it doesn't mean that the price is unaffected. After hours trading can still lead to price fluctuations as there are participants in the market who continue to trade Bitcoin. Additionally, news or events that occur during after hours can have an impact on the sentiment of the market, which can in turn influence the price of Bitcoin. Traders should take into account the potential effects of after hours trading when making investment decisions.Mar 15, 2022 · 3 years ago
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