How do the calendar year quarters impact the adoption of digital currencies?

1 answers

• Niki JanNov 22, 2023 · 2 years ago
  At BYDFi, we've observed that the calendar year quarters can indeed impact the adoption of digital currencies. During the first quarter, we often see an increase in new users signing up for our platform and a surge in trading volume. This can be attributed to the renewed interest in cryptocurrencies at the beginning of the year. In the second quarter, there may be some market corrections and fluctuations, which can affect the adoption rate. The third quarter is usually a period of consolidation, where the market stabilizes and existing users continue to engage with digital currencies. Finally, the fourth quarter tends to be a busy time for us, with increased activity and new users joining as they prepare for the next year. Overall, the calendar year quarters can have a noticeable impact on the adoption and usage of digital currencies.
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