What are the most active hours of operation for buying and selling cryptocurrencies?

3 answers

• Esra EsamAug 02, 2024 · a year ago
  The most active hours for buying and selling cryptocurrencies can vary depending on the specific cryptocurrency and the market conditions. However, generally speaking, the peak trading hours tend to be during the overlap of major trading sessions in different time zones. This is when there is increased liquidity and trading volume. For example, the hours between 8:00 AM and 4:00 PM UTC are often considered to be the most active as it covers the trading sessions of major markets like Asia, Europe, and North America. During these hours, you can expect higher price volatility and increased trading activity.
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• ludwig kJun 12, 2023 · 2 years ago
  When it comes to buying and selling cryptocurrencies, it's important to understand that the market operates 24/7. However, there are certain hours when the trading activity is more intense. These hours typically coincide with the working hours of major financial centers around the world. For instance, during the weekdays, the hours between 9:00 AM and 5:00 PM in New York (Eastern Standard Time) are usually the most active. This is when traders from different parts of the world are actively participating in the market. Additionally, it's worth noting that weekends and holidays may see lower trading volumes and less activity.
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• Sir TobiJul 08, 2020 · 5 years ago
  According to data from BYDFi, one of the leading cryptocurrency exchanges, the most active hours for buying and selling cryptocurrencies are typically between 9:00 AM and 5:00 PM UTC. During these hours, there is usually a higher number of traders actively participating in the market, resulting in increased liquidity and trading volume. It's important to keep in mind that cryptocurrency markets are highly volatile and can be influenced by various factors, so it's always recommended to stay updated with the latest market trends and news to make informed trading decisions.
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