How does Black Friday affect cryptocurrency market hours?

3 answers

• Nov 28, 2021 · 3 years ago
  Black Friday, the annual shopping extravaganza, does have an impact on the cryptocurrency market hours. While the cryptocurrency market operates 24/7, the trading volume and market volatility can be influenced by Black Friday. As people tend to focus more on shopping during this time, the trading activity in the cryptocurrency market might experience a slight decrease. However, it is important to note that the impact may vary depending on the specific cryptocurrency and market conditions.
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• Nov 28, 2021 · 3 years ago
  During Black Friday, the cryptocurrency market hours remain unaffected as it operates round the clock. However, the trading volume and market activity may witness some changes. As people are busy hunting for the best deals and discounts, their attention might shift away from cryptocurrency trading, leading to a potential decrease in trading volume. This could result in relatively lower market volatility during the Black Friday period.
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• Nov 28, 2021 · 3 years ago
  Black Friday doesn't directly affect the cryptocurrency market hours. The cryptocurrency market operates 24/7, regardless of any external events or holidays. However, the trading volume and market activity can be influenced by Black Friday. As people focus more on shopping and offline activities, the trading volume in the cryptocurrency market might experience a temporary decline. It's important to keep an eye on market trends and specific cryptocurrencies to gauge the impact of Black Friday on the market.
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