Which cryptocurrencies are most active during the forex market opening hours?
feel heartDec 15, 2021 · 3 years ago3 answers
During the opening hours of the forex market, which cryptocurrencies experience the highest levels of activity?
3 answers
- Dec 15, 2021 · 3 years agoThe most active cryptocurrencies during the forex market opening hours can vary depending on market conditions and investor sentiment. However, some of the commonly traded cryptocurrencies during this time include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are known for their high liquidity and are often favored by traders looking to take advantage of price movements during the forex market opening hours.
- Dec 15, 2021 · 3 years agoWhen it comes to cryptocurrencies that are most active during the forex market opening hours, Bitcoin (BTC) is usually at the top of the list. As the largest and most well-known cryptocurrency, Bitcoin tends to attract a lot of trading volume during this time. Other popular cryptocurrencies that see high activity during the forex market opening hours include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have established themselves as major players in the market and are often traded heavily during this time.
- Dec 15, 2021 · 3 years agoAccording to data from BYDFi, a leading cryptocurrency exchange, the most active cryptocurrencies during the forex market opening hours are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large user base and are traded heavily during this time. It's important to note that market conditions can change, and the most active cryptocurrencies may vary from day to day. However, these cryptocurrencies have consistently shown high levels of activity during the forex market opening hours.
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