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What are the most active trading hours for cryptocurrency traders in different time zones?

avatarOlga PetrenkoNov 28, 2021 · 3 years ago1 answers

When are the busiest trading hours for cryptocurrency traders in different time zones? I'm curious to know the specific time periods when trading activity is at its peak in various regions around the world.

What are the most active trading hours for cryptocurrency traders in different time zones?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the most active trading hours for cryptocurrency traders are typically between 9:00 AM and 5:00 PM UTC. During these hours, traders from around the world are actively buying and selling cryptocurrencies, resulting in increased trading volume and volatility. However, it's important to note that trading activity can also be influenced by other factors such as news events, market sentiment, and economic indicators. Traders should always stay informed and adapt their strategies accordingly.