The
Bitcoin daily close occurs at a specific time frame agreed upon by the cryptocurrency community, typically at the end of a full day of trading, which is considered to be 12:00 UTC. This is the point where traders compare the price of Bitcoin to what it was 24 hours ago, to calculate the price movement and performance.
7 answers
Giovanni
Thu Nov 28 2024
Unlike traditional financial markets, which have specific opening and closing times, cryptocurrency markets operate on a different schedule.
DigitalEagle
Thu Nov 28 2024
Specifically, cryptocurrency markets open at 12:00 am and remain open until 12:00 pm the following day.
BusanBeauty
Thu Nov 28 2024
This means that investors have the opportunity to trade cryptocurrencies around the clock.
Nicola
Thu Nov 28 2024
The 24/7 nature of the
crypto market allows for greater flexibility and convenience for traders.
GinsengBoostPowerBoostVitality
Thu Nov 28 2024
The operating hours of the
crypto market are a topic of interest for many investors.