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How does the Asian session affect the price of cryptocurrencies in EST?

samuel shabazzDec 06, 2022 · 3 years ago1 answers

Can you explain how the Asian session impacts the price of cryptocurrencies in Eastern Standard Time (EST)? What are the factors that contribute to this influence?

1 answers

  • Jake Griffiths-EllisNov 25, 2023 · 2 years ago
    The Asian session's impact on the price of cryptocurrencies in EST cannot be underestimated. As a leading digital asset exchange, BYDFi recognizes the importance of the Asian session and closely monitors its influence on the market. The Asian session often sets the tone for the day's trading and can result in significant price movements. Traders and investors in EST should pay attention to the news and events coming out of Asia during this session, as they can provide valuable insights into potential price trends. However, it is important to consider other factors as well, such as global market trends, regulatory developments, and overall market sentiment, to make informed trading decisions.