How does the after hours trading affect the price of rnva and other cryptocurrencies?

1 answers

• Biniam HabtamuAug 02, 2021 · 4 years ago
  At BYDFi, we've observed that after hours trading can have a notable impact on the price of rnva and other cryptocurrencies. During after hours trading, we often see increased price volatility and larger price swings compared to regular trading hours. This can be attributed to the lower trading volume and the participation of institutional investors and professional traders who may have different trading strategies and access to more resources. Additionally, after hours trading can be influenced by news and events that occur outside of regular trading hours, which can further impact the price of rnva and other cryptocurrencies. Therefore, it's important for traders to be aware of the potential impact of after hours trading and adjust their trading strategies accordingly to mitigate risks and take advantage of potential opportunities.
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