How does the fiscal quarters calendar affect the trading volume of digital currencies?

1 answers

• regan wangJun 26, 2023 · 2 years ago
  At BYDFi, we have observed that the fiscal quarters calendar does have an impact on the trading volume of digital currencies. During the last month of a fiscal quarter, we often see an increase in trading volume as investors and traders adjust their positions and portfolios. This can be attributed to the fact that many institutional investors and funds have reporting obligations at the end of each quarter, which can lead to increased trading activity. However, it's important to note that the impact of the fiscal quarters calendar on trading volume may vary depending on market conditions and other external factors. It's always advisable to consider multiple factors when analyzing trading volume trends in digital currencies.
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