Which cryptocurrency pairs are most affected by the New York session?

3 answers

• May 11, 2022 · 3 years ago
  During the New York session, the most affected cryptocurrency pairs are typically those involving major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These pairs tend to experience higher trading volumes and volatility during this session due to increased market activity and participation from institutional investors and traders. It's important for traders to closely monitor these pairs during the New York session to capitalize on potential trading opportunities.
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• May 11, 2022 · 3 years ago
  The New York session has a significant impact on various cryptocurrency pairs, but some of the most affected ones include BTC/USD, ETH/USD, and XRP/USD. These pairs are heavily traded during this session as it overlaps with the working hours of major financial institutions and market participants in the United States. Traders should pay close attention to these pairs during the New York session as they often exhibit increased price movements and liquidity.
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• May 11, 2022 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the New York session has a notable influence on cryptocurrency pairs such as BTC/USD, ETH/USD, and XRP/USD. These pairs are highly traded during this session due to the active participation of institutional investors and professional traders. Traders should consider the impact of the New York session when developing their trading strategies and closely monitor these pairs for potential opportunities.
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