Cryptocurrency Q&A
What day of the week is Bitcoin most volatile?
What day of the week is Bitcoin most volatile?
Filippo
Tue Dec 03 2024
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6 answers
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I'm wondering on which day of the week Bitcoin experiences the highest level of price volatility. Is there a specific day, like Monday or Friday, when the price swings of Bitcoin are more significant compared to other days of the week?
6 answers
Andrea
Thu Dec 05 2024
The Bitcoin market experiences significantly elevated trading volumes during the hours that align with the daytime trading sessions of US and European stock exchanges.
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CryptoBaron
Wed Dec 04 2024
Volatility refers to the rapid and significant changes in the price of Bitcoin.
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SamuraiWarriorSoulful
Wed Dec 04 2024
This period witnesses a notable surge in activity, as investors and traders from these regions actively participate in the market.
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mia_anderson_painter
Wed Dec 04 2024
On weekdays, both the trading volume and volatility are substantially higher than on weekends. This is attributed to the higher level of economic activity and market participation during weekdays.
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CryptoAce
Wed Dec 04 2024
The trading volume during these hours is considerably higher compared to other times of the day.
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