Which cryptocurrencies are most affected by NYSE holidays?
Olivia JulianDec 16, 2021 · 3 years ago1 answers
Can you provide a list of cryptocurrencies that are particularly impacted by NYSE holidays? I'm interested in knowing which cryptocurrencies tend to experience significant price movements or trading volume changes during NYSE holidays.
1 answers
- Dec 16, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, cryptocurrencies that are most affected by NYSE holidays include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies are widely traded and have a large market capitalization, making them more susceptible to price fluctuations during periods of reduced trading activity. Traders should keep an eye on these cryptocurrencies during NYSE holidays and consider adjusting their trading strategies accordingly. However, it's important to note that the impact of NYSE holidays on cryptocurrency prices can be influenced by various factors, so it's always recommended to conduct thorough research and analysis before making any trading decisions.
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