What are the most active trading hours for Bitcoin?

Can you provide information on the specific hours during which Bitcoin experiences the highest trading activity?

3 answers
- The most active trading hours for Bitcoin typically occur during the overlap of trading sessions in different time zones. This is when traders from multiple regions are actively buying and selling Bitcoin. The specific hours can vary depending on the day of the week and market conditions. It's generally observed that the highest trading activity occurs between 8:00 AM and 4:00 PM UTC. During this time, traders from Asia, Europe, and North America are actively participating in the market, leading to increased volatility and trading volume.
Mar 15, 2022 · 3 years ago
- Bitcoin's most active trading hours are usually between 9:00 AM and 5:00 PM Eastern Standard Time (EST). This time frame aligns with the opening hours of major financial markets in New York and London. Traders from these regions dominate the Bitcoin market during these hours, resulting in increased liquidity and trading activity. However, it's important to note that Bitcoin is a global market, and trading activity can occur at any time of the day due to the decentralized nature of cryptocurrencies.
Mar 15, 2022 · 3 years ago
- According to a study conducted by BYDFi, the most active trading hours for Bitcoin are between 10:00 AM and 6:00 PM UTC. During this time, traders from different parts of the world are actively engaged in buying and selling Bitcoin. The increased trading activity during these hours can be attributed to the availability of market participants from Asia, Europe, and North America. It's important to keep in mind that trading volumes and activity can vary based on market conditions and news events.
Mar 15, 2022 · 3 years ago
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