Which cryptocurrencies are most commonly traded during the opening hours of the European stock market?
NawaDec 15, 2021 · 3 years ago3 answers
During the opening hours of the European stock market, which cryptocurrencies are frequently traded?
3 answers
- Dec 15, 2021 · 3 years agoDuring the opening hours of the European stock market, the most commonly traded cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have high liquidity and are widely accepted, making them popular choices for traders during this time. Additionally, stablecoins like Tether (USDT) and USD Coin (USDC) are also frequently traded as they provide stability and are pegged to traditional fiat currencies.
- Dec 15, 2021 · 3 years agoWhen the European stock market opens, you'll find a lot of trading activity in cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. These coins are considered the major players in the crypto market and tend to have the highest trading volumes. Traders often look for opportunities to profit from price fluctuations during this time, and these popular cryptocurrencies provide ample trading opportunities.
- Dec 15, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the most commonly traded cryptocurrencies during the opening hours of the European stock market are Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies have established themselves as the top choices for traders due to their market capitalization, liquidity, and widespread acceptance. Traders can take advantage of the high trading volumes and volatility of these cryptocurrencies to potentially generate profits.
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