How does the SIFMA holiday schedule affect the cryptocurrency market?

1 answers

• Gojo SaturoJan 21, 2021 · 5 years ago
  As a representative of BYDFi, I can say that the SIFMA holiday schedule does have an impact on the cryptocurrency market. During these holidays, we often see a decrease in trading volume and increased price volatility. Traders and investors adjust their strategies by being more cautious and taking into account the potential effects of reduced liquidity. It's important to stay informed about the holiday schedule and consider its impact on the market when making trading decisions. However, it's also worth noting that the cryptocurrency market is global and not solely dependent on the SIFMA holiday schedule. Other factors, such as news events and market trends, can also influence the market during these holidays.
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