How did the Japanese bank holiday in 2015 affect the trading volume of cryptocurrencies?

3 answers

• AleksiPAug 29, 2023 · 2 years ago
  During the Japanese bank holiday in 2015, the trading volume of cryptocurrencies experienced a significant decrease. As many traders and investors in Japan were unable to access their funds or trade during the holiday, the overall trading activity in the cryptocurrency market decreased. This decrease in trading volume was observed across various cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It took a few days for the trading volume to return to normal after the holiday, as traders resumed their activities and liquidity in the market improved.
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• jin liJun 22, 2021 · 4 years ago
  The Japanese bank holiday in 2015 had a negative impact on the trading volume of cryptocurrencies. With banks closed and limited access to funds, many traders were unable to participate in the market, resulting in a decrease in trading volume. This decrease was observed across different cryptocurrencies, including popular ones like Bitcoin and Litecoin. However, once the holiday was over and banks reopened, the trading volume gradually returned to normal as traders resumed their activities.
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• Subxon ShukurovFeb 04, 2025 · 6 months ago
  The Japanese bank holiday in 2015 had a significant impact on the trading volume of cryptocurrencies. As many traders and investors in Japan were unable to access their funds or trade during the holiday, the overall trading volume decreased. This decrease was observed across various cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It took a few days for the trading volume to recover and return to normal levels after the holiday. This temporary decrease in trading volume can be attributed to the limited market activity during the holiday period.
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