Which cryptocurrencies are most active and volatile during after hours trading?
Manjushree RajguruNov 29, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are known to be highly active and volatile during after hours trading? I'm interested in finding out which cryptocurrencies tend to experience significant price movements during non-trading hours.
3 answers
- Nov 29, 2021 · 3 years agoDuring after hours trading, some of the most active and volatile cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are known for their high trading volumes and price fluctuations, which can be attributed to various factors such as news events, market sentiment, and trading activity in different time zones. It's important to note that after hours trading can be riskier due to lower liquidity and increased price volatility, so it's crucial to exercise caution and use appropriate risk management strategies when trading during these hours.
- Nov 29, 2021 · 3 years agoAfter hours trading can be quite unpredictable, but some cryptocurrencies that have shown higher levels of activity and volatility during these hours include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies are often influenced by global news events and trading activity in different time zones, which can lead to significant price movements. However, it's important to keep in mind that after hours trading carries higher risks, as liquidity tends to be lower and spreads wider. Therefore, it's recommended to closely monitor the market and use appropriate risk management techniques when trading during non-trading hours.
- Nov 29, 2021 · 3 years agoBased on my experience at BYDFi, some of the most active and volatile cryptocurrencies during after hours trading include Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). These cryptocurrencies have consistently shown higher levels of trading volume and price volatility during non-trading hours. However, it's important to conduct thorough research and analysis before making any trading decisions, as after hours trading can be more unpredictable and carry higher risks. Remember to always stay updated with the latest news and market trends to make informed trading choices.
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