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Which cryptocurrency trading hours are most active?

avatarAmmar khanfatNov 28, 2021 · 3 years ago1 answers

Can you provide some insights on the most active trading hours for cryptocurrencies?

Which cryptocurrency trading hours are most active?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we've observed that the most active trading hours for cryptocurrencies are typically during the Asian trading session, specifically when the trading hours in Asia overlap with the trading hours in Europe. This is when we see a significant increase in trading volume and liquidity. However, it's important to note that the cryptocurrency market is highly volatile and can be influenced by various factors, so it's always advisable to conduct thorough research and analysis before making any trading decisions. Additionally, it's worth mentioning that the most active trading hours can vary for different cryptocurrencies, so it's important to consider the specific cryptocurrency you're interested in trading.