How does after hours trading impact the value of cryptocurrencies like TWTR?

3 answers

• Carson MayerNov 19, 2023 · 2 years ago
  Yes, after hours trading can have an impact on the value of cryptocurrencies like TWTR. During after hours trading, when the regular market is closed, the trading volume tends to be lower, which can lead to increased price volatility. With fewer participants in the market, even a relatively small buy or sell order can have a significant impact on the price of a cryptocurrency. Additionally, news or events that occur outside of regular market hours can also influence the sentiment and trading decisions of investors, further affecting the price of cryptocurrencies.
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• Grayson WigginsJul 26, 2021 · 4 years ago
  Definitely! After hours trading can make a big difference in the value of cryptocurrencies like TWTR. When the regular market closes, trading continues in the after hours session, and this can lead to price movements that may not reflect the market sentiment during regular trading hours. It's important to keep in mind that after hours trading typically has lower liquidity, meaning there are fewer buyers and sellers in the market. This can result in wider bid-ask spreads and potentially more volatile price swings.
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• KhuongDec 01, 2022 · 3 years ago
  Absolutely! After hours trading can impact the value of cryptocurrencies like TWTR. At BYDFi, we've observed that after hours trading can sometimes lead to price gaps or significant price movements when the market opens. This is because orders placed during after hours trading are executed once the market opens, and the resulting trades can affect the overall supply and demand dynamics of a cryptocurrency. It's important for traders and investors to stay informed about after hours trading activity and consider its potential impact on the value of cryptocurrencies.
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