saksham chahalDec 17, 2021 · 3 years ago0 answers How does the New York exchange holiday affect the price of cryptocurrencies?
Can you explain how the New York exchange holiday impacts the value of cryptocurrencies? I've heard that the New York Stock Exchange (NYSE) is closed on certain holidays, so I'm curious to know if this has any effect on the price of digital currencies like Bitcoin and Ethereum. Does the closure of the NYSE lead to lower trading volumes and increased volatility in the crypto market? How do traders and investors react to this holiday closure? Are there any historical patterns or trends that suggest a correlation between the NYSE holiday and cryptocurrency price movements?