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7 answers
Ilaria
Fri Jul 12 2024
Interestingly, Skew's findings also reveal that midweek days tend to be more active than the beginning or end of the working week.
IncheonBlues
Fri Jul 12 2024
This suggests that traders and investors are more inclined to engage in Bitcoin transactions during the middle of the week, possibly due to increased market liquidity or sentiment.
Alessandro
Fri Jul 12 2024
Additional insights from the on-chain analyst Skew validate the prevailing trend in Bitcoin trading.
Maria
Fri Jul 12 2024
Conversely, weekends tend to be relatively quiet periods for Bitcoin trading.
HanjiArtistryCraftsmanship
Fri Jul 12 2024
Specifically, the data indicates that approximately 4 pm UTC marks the peak period of trading activity for Bitcoin.