What were the major stock market holidays in the USA in 2016 and how did they impact the cryptocurrency market?

1 answers

• Jorell KerenNov 29, 2022 · 3 years ago
  As a representative of BYDFi, I can provide you with the major stock market holidays in the USA in 2016. They included New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. These holidays typically had a noticeable impact on the cryptocurrency market. During these holidays, trading volumes and liquidity were generally lower, which could lead to increased price volatility. Additionally, some traders may have taken advantage of the reduced competition to make strategic moves. However, it's important to note that the impact of stock market holidays on the cryptocurrency market can vary and may be influenced by other factors such as news events and market sentiment.
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