Cryptocurrency Q&A Why does bitcoin go down on Sunday?

Why does bitcoin go down on Sunday?

lucas_clark_artist lucas_clark_artist Fri Dec 06 2024 | 7 answers 1376
I've noticed a pattern in bitcoin's price movements, and it seems to go down every Sunday. I'm wondering what factors might be causing this consistent drop on weekends. Why does bitcoin go down on Sunday?

7 answers

Martino Martino Sun Dec 08 2024
Bitcoin prices exhibit volatility throughout both the week and the weekend.

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ShintoMystic ShintoMystic Sun Dec 08 2024
This volatility is somewhat predictable as it is consistently present.

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GliderPulse GliderPulse Sat Dec 07 2024
During weekends, trading volume tends to decline.

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OceanSoul OceanSoul Sat Dec 07 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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Tommaso Tommaso Sat Dec 07 2024
The reduction in trading volume leads to decreased liquidity in the market.

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