How do trading sessions in EST affect the volatility of cryptocurrencies?

3 answers

• Ashan KalharaMay 15, 2024 · a year ago
  The trading sessions in EST can have a significant impact on the volatility of cryptocurrencies. During certain times, such as when the Asian markets are open, there tends to be higher trading volume and increased price fluctuations. This can lead to increased volatility in cryptocurrencies. Additionally, news and events that occur during the EST trading sessions can also influence the volatility of cryptocurrencies. It's important for traders to be aware of these trading sessions and the potential impact they can have on the market.
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• ogonekOct 06, 2024 · 9 months ago
  Trading sessions in EST can definitely affect the volatility of cryptocurrencies. For example, when the European markets open during the EST trading session, there is often increased trading activity and higher volatility in the cryptocurrency market. This is because traders from different time zones are actively participating in the market, leading to increased price movements. It's important for traders to consider the trading sessions in EST when analyzing and predicting the volatility of cryptocurrencies.
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• triggerJan 07, 2025 · 6 months ago
  Trading sessions in EST have a significant impact on the volatility of cryptocurrencies. As an expert at BYDFi, I can tell you that during certain times, such as when the US markets open, there is often a surge in trading activity and increased volatility in the cryptocurrency market. This is because many traders and investors in the US actively participate in the market during these trading sessions. It's important to keep track of the EST trading sessions and consider their impact on the volatility of cryptocurrencies when making trading decisions.
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