When does the trading volume of digital currencies peak?

3 answers

• Jason taylorMar 11, 2022 · 3 years ago
  The trading volume of digital currencies tends to peak during periods of high market volatility. This is because increased volatility often leads to more trading activity as investors try to take advantage of price fluctuations. Additionally, major news events or announcements related to digital currencies can also cause a spike in trading volume. Traders may react to news by buying or selling digital currencies, leading to increased trading volume. Overall, the peak trading volume of digital currencies is influenced by market conditions and investor sentiment.
  567

  284
• Aasutosh JaiswalJun 14, 2025 · 2 months ago
  The trading volume of digital currencies typically peaks during the Asian trading session, as it overlaps with the European and American trading sessions. This is when market participants from different time zones are actively trading digital currencies, leading to higher trading volume. Additionally, the release of economic data or news events during these trading sessions can also contribute to the peak trading volume. Traders may react to the news by adjusting their positions, resulting in increased trading activity.
  525

  175
• Emily TrinhOct 19, 2023 · 2 years ago
  According to a study conducted by BYDFi, the trading volume of digital currencies tends to peak during the early hours of the morning (UTC time). This is when traders in Asia are active, and their trading activity contributes to the overall peak trading volume. However, it's important to note that the trading volume can vary depending on market conditions and specific events. Factors such as major news announcements, regulatory developments, and market sentiment can all impact the timing and magnitude of the peak trading volume.
  534

  134