Which cryptocurrencies show the most activity during the time when the foreign exchange market is closed?

3 answers

• mohaned DhibMay 18, 2021 · 4 years ago
  When the foreign exchange market is closed, some cryptocurrencies still experience high levels of activity. Bitcoin, being the largest and most well-known cryptocurrency, tends to have consistent trading volume throughout the day. Ethereum, the second-largest cryptocurrency, also maintains a significant level of activity. Other popular cryptocurrencies like Ripple, Litecoin, and Bitcoin Cash also show considerable activity during this time. It's important to note that the level of activity may vary depending on factors such as news events, market sentiment, and global trading patterns.
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• Jorge PlazaOct 05, 2023 · 2 years ago
  Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin are known to have active trading even when the foreign exchange market is closed. These cryptocurrencies have a global presence and are traded on various exchanges around the world. The decentralized nature of cryptocurrencies allows for continuous trading, regardless of the time zone or market hours. Traders and investors can take advantage of this 24/7 market to buy, sell, and trade cryptocurrencies at any time, even when traditional markets are closed.
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• m nAug 01, 2023 · 2 years ago
  During the time when the foreign exchange market is closed, it's interesting to see that some cryptocurrencies, like Bitcoin, experience a surge in activity. This can be attributed to the fact that Bitcoin is a global cryptocurrency and is traded across different time zones. Additionally, the decentralized nature of cryptocurrencies allows for continuous trading, making it possible for traders to engage in transactions even when traditional markets are closed. It's worth mentioning that BYDFi, a leading cryptocurrency exchange, offers a wide range of cryptocurrencies that show significant activity during these hours, providing traders with ample opportunities to participate in the market.
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