What are the busiest trading day hours in the cryptocurrency industry?

3 answers

• Dec 16, 2021 · 3 years ago
  The busiest trading day hours in the cryptocurrency industry typically occur during the overlap of major trading sessions across different time zones. This is when traders from various regions are actively participating in the market, leading to increased trading volume and volatility. In general, the busiest hours tend to be between 8:00 AM and 4:00 PM UTC, as this time frame covers the opening and closing hours of major cryptocurrency exchanges in different parts of the world. It's important to note that specific hours may vary depending on factors like market sentiment, news events, and the popularity of certain cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  When it comes to the busiest trading day hours in the cryptocurrency industry, it's all about timing. The market is most active when traders from different regions are awake and actively participating. This typically occurs during the daytime hours in Asia, Europe, and North America. So, if you're looking to catch the busiest trading hours, keep an eye on the time zones of these regions. However, it's worth mentioning that the cryptocurrency market operates 24/7, so there is always some level of trading activity happening at any given time.
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• Dec 16, 2021 · 3 years ago
  According to data from BYDFi, one of the leading cryptocurrency exchanges, the busiest trading day hours tend to be between 9:00 AM and 3:00 PM UTC. During this time, traders are actively buying and selling cryptocurrencies, resulting in higher trading volumes. It's important to keep in mind that trading activity can vary depending on market conditions and the specific cryptocurrencies being traded. Additionally, it's worth noting that the cryptocurrency market is highly volatile, and trading volumes can fluctuate significantly throughout the day.
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