What are the peak trading hours for digital currencies on Fridays?
Marco Cavallaro AcciaresiNov 22, 2024 · 7 months ago3 answers
Can you tell me the specific hours during which digital currencies experience the highest trading volume on Fridays? I'm interested in knowing the time frame when the market is most active and volatile.
3 answers
- Tharindu MunasingheOct 17, 2021 · 4 years agoThe peak trading hours for digital currencies on Fridays typically occur between 9:00 AM and 5:00 PM UTC. During this time, there is usually a higher level of trading activity as traders from different time zones are actively participating in the market. It's important to note that the exact peak hours may vary depending on the specific digital currency and market conditions.
- debjitmitra000Nov 28, 2021 · 4 years agoIf you're looking for the busiest trading hours for digital currencies on Fridays, you'll generally find the highest activity between 12:00 PM and 4:00 PM UTC. This time frame overlaps with the opening hours of major financial markets around the world, leading to increased trading volume and potential price fluctuations. Keep in mind that market dynamics can change, so it's always a good idea to stay updated with the latest market trends and news.
- Udsen MarkAug 21, 2020 · 5 years agoBased on historical data and market analysis, BYDFi has observed that the peak trading hours for digital currencies on Fridays tend to be between 2:00 PM and 6:00 PM UTC. During this period, there is typically a surge in trading activity as traders prepare for the weekend and react to any significant market developments. However, it's important to remember that market conditions can vary, and it's advisable to consult multiple sources and conduct your own research.
Top Picks
How to Trade Options in Bitcoin ETFs as a Beginner?
1 276Who Owns Microsoft in 2025?
2 150Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 138The Smart Homeowner’s Guide to Financing Renovations
0 133How to Score the Best Rental Car Deals: 10 Proven Tips to Save Big in 2025
0 029Confused by GOOG vs GOOGL Stock? read it and find your best pick.
0 025
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More