What are the best trading hours for digital currencies on Fridays?

3 answers

• Dec 16, 2021 · 3 years ago
  The best trading hours for digital currencies on Fridays usually occur during the overlap of major trading sessions. This is when the market is most active and liquidity is high. Specifically, the hours between 9:00 AM and 4:00 PM UTC tend to see increased trading volume and volatility. However, it's important to note that market conditions can vary depending on the specific digital currencies being traded and other factors such as news events. It's always a good idea to monitor market trends and adjust your trading strategy accordingly.
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• Dec 16, 2021 · 3 years ago
  If you're looking for the best trading hours for digital currencies on Fridays, it's important to consider the time zones of the major cryptocurrency exchanges. For example, if you're based in the United States, you may want to focus on the hours between 9:00 AM and 4:00 PM Eastern Standard Time (EST), as this is when the New York Stock Exchange is open and there tends to be increased trading activity. However, it's worth noting that digital currency markets are open 24/7, so there are always opportunities to trade regardless of the time of day.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, recommends trading digital currencies on Fridays during the peak trading hours between 12:00 PM and 3:00 PM UTC. During this time, market liquidity is typically high, which can result in better execution prices and lower slippage. However, it's important to keep in mind that market conditions can change rapidly, and it's always a good idea to stay informed about the latest news and developments in the digital currency market. Happy trading!
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