What are the most active hours for trading digital assets such as Bitcoin and Ethereum?

3 answers

• May 02, 2022 · 3 years ago
  The most active hours for trading digital assets such as Bitcoin and Ethereum can vary depending on the market and time zone. However, generally speaking, the highest trading volume and activity tend to occur during the overlap of trading hours in major financial centers such as New York, London, and Tokyo. This is because these cities are home to many institutional investors and large trading firms that actively participate in the digital asset markets. Additionally, news releases and major announcements can also impact trading activity, leading to increased volatility and trading volume during those periods.
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• May 02, 2022 · 3 years ago
  When it comes to trading digital assets like Bitcoin and Ethereum, the most active hours are often during the daytime in the United States and Europe. This is when traders in these regions are most active and engaged in the market. However, it's important to note that digital asset markets operate 24/7, so there is always some level of activity happening at any given time. It's also worth mentioning that certain events, such as major news announcements or regulatory developments, can cause increased activity and volatility outside of the regular trading hours.
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• May 02, 2022 · 3 years ago
  According to BYDFi, a leading digital asset exchange, the most active hours for trading Bitcoin and Ethereum are typically between 8:00 AM and 4:00 PM UTC. During this time, there is a higher concentration of traders from different parts of the world actively participating in the market. However, it's important to keep in mind that the digital asset market is highly dynamic and can be influenced by various factors, so trading activity can vary on a day-to-day basis. It's always a good idea to stay updated with market news and trends to make informed trading decisions.
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