How does launching 24-hour weekday stock trading affect the price volatility of digital currencies?

3 answers

• May 01, 2022 · 3 years ago
  The introduction of 24-hour weekday stock trading can have a significant impact on the price volatility of digital currencies. With extended trading hours, there is a higher possibility of increased price fluctuations in the digital currency market. This is because more trading activity can occur during different time zones, leading to a greater volume of buy and sell orders. As a result, the market may experience higher levels of volatility as traders react to news and events happening around the clock.
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• May 01, 2022 · 3 years ago
  Launching 24-hour weekday stock trading can definitely affect the price volatility of digital currencies. The extended trading hours mean that the market is open for trading at all times during weekdays, allowing for continuous buying and selling of digital currencies. This constant activity can lead to increased price fluctuations as traders react to market news and events. It also provides more opportunities for arbitrage and speculative trading, which can further contribute to price volatility.
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• May 01, 2022 · 3 years ago
  From BYDFi's perspective, the launch of 24-hour weekday stock trading can have a significant impact on the price volatility of digital currencies. The extended trading hours provide more opportunities for traders to react to market news and events, leading to increased price fluctuations. This can be both advantageous and challenging for traders, as it allows for more trading opportunities but also requires constant monitoring of the market. Overall, the impact of extended trading hours on price volatility will depend on various factors, including market sentiment and trading volume.
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