Is there a specific time when cryptocurrency trading is more active on IG?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, there are certain times when cryptocurrency trading is more active on IG. Generally, the trading volume tends to be higher during peak hours, which are usually during the overlap of trading hours in different time zones. This is when traders from various regions are actively participating in the market. However, it's important to note that the cryptocurrency market operates 24/7, so there is always some level of activity regardless of the time.
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• Dec 16, 2021 · 3 years ago
  Definitely! Cryptocurrency trading on IG can be more active during specific times. For example, many traders prefer to trade during the Asian market hours, as it overlaps with the European and American markets. This increased activity can be attributed to the higher liquidity and volatility during these hours. Additionally, major news announcements or events related to cryptocurrencies can also lead to increased trading activity on IG.
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• Dec 16, 2021 · 3 years ago
  Absolutely! Cryptocurrency trading on IG experiences different levels of activity throughout the day. As an expert at BYDFi, I can tell you that the trading volume tends to be higher during the early morning hours (UTC) when the Asian markets are active. This is followed by a slight dip during the European market hours and then picks up again during the American market hours. However, it's important to keep in mind that the cryptocurrency market is highly unpredictable, and trading activity can vary based on various factors such as news events, market sentiment, and overall market conditions.
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