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How does EU daylight savings affect the trading volume of cryptocurrencies in 2022?

avatarjjsquaredDec 18, 2021 · 3 years ago1 answers

How does the implementation of EU daylight savings time in 2022 impact the trading volume of cryptocurrencies?

How does EU daylight savings affect the trading volume of cryptocurrencies in 2022?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can say that the implementation of EU daylight savings time in 2022 is not expected to have a significant impact on the trading volume of cryptocurrencies. The cryptocurrency market operates globally and is not limited by geographical boundaries or time zones. Traders from around the world participate in trading activities at all hours of the day, regardless of daylight savings time. While there may be temporary adjustments in trading patterns during the transition period, the overall trading volume is unlikely to be significantly affected. Traders base their decisions on market trends, news, and other factors rather than the time change. Therefore, it is unlikely that EU daylight savings will have a substantial impact on the trading volume of cryptocurrencies.