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How do forex sessions affect the volatility of digital currencies?

ben ncir yassinFeb 17, 2022 · 3 years ago1 answers

Can you explain how the different forex sessions impact the volatility of digital currencies?

1 answers

  • sanuwueyqijxiangmu1231Jan 17, 2024 · a year ago
    As an expert at BYDFi, I can confidently say that forex sessions have a significant influence on the volatility of digital currencies. The different sessions represent different regions and time zones, each with its own market participants and trading volume. When these sessions overlap, there is often an increase in trading activity and volatility. Traders and investors closely monitor the forex sessions to identify potential opportunities and risks in the digital currency market. Understanding the impact of forex sessions on volatility is crucial for making informed trading decisions.