Which cryptocurrencies are most active during trading hours?
PhilipsMay 01, 2022 · 3 years ago3 answers
During trading hours, which cryptocurrencies experience the highest level of activity?
3 answers
- May 01, 2022 · 3 years agoThe most active cryptocurrencies during trading hours are usually Bitcoin, Ethereum, and Ripple. These three cryptocurrencies have the highest trading volumes and market capitalizations, making them the most liquid and actively traded assets in the crypto market. Traders and investors often focus on these cryptocurrencies due to their high liquidity, which allows for easier buying and selling. Additionally, their popularity and widespread adoption contribute to their active trading during trading hours.
- May 01, 2022 · 3 years agoWhen it comes to active cryptocurrencies during trading hours, Bitcoin takes the lead. Being the first and most well-known cryptocurrency, Bitcoin attracts a significant amount of trading activity. Its large market capitalization and high trading volume make it a popular choice among traders. Ethereum, with its smart contract capabilities, also experiences high trading activity during trading hours. Other cryptocurrencies that often see active trading include Litecoin, Bitcoin Cash, and Cardano.
- May 01, 2022 · 3 years agoAccording to data from BYDFi, a popular cryptocurrency exchange, the most active cryptocurrencies during trading hours are Bitcoin, Ethereum, and Binance Coin (BNB). These cryptocurrencies consistently have high trading volumes and liquidity, making them attractive to traders. Bitcoin and Ethereum are well-established cryptocurrencies, while Binance Coin is the native token of the BYDFi exchange and is actively traded by its users. It's important to note that trading activity can vary across different exchanges, so it's always a good idea to check the trading volume and liquidity of a cryptocurrency on the specific exchange you're using.
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