I'm wondering at which specific time or period during the day Bitcoin experiences the highest level of volatility. Is there a particular hour or range of hours when its price fluctuations are most significant?
This pattern indicates a correlation between the activity in traditional financial markets and the cryptocurrency market.
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HanRiverWaveFri Dec 06 2024
The Bitcoin market experiences a significant surge in trading volume and volatility during the hours that overlap with the daytime trading sessions of US and European stock exchanges.
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CryptoLodestarThu Dec 05 2024
On weekdays, the trading volume and volatility in the Bitcoin market are considerably higher compared to the weekends.
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MicheleThu Dec 05 2024
This suggests that investors and traders are more active during the weekdays, possibly due to the availability of market information and the higher liquidity in financial markets.
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EmanueleThu Dec 05 2024
BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of its users. These services include spot trading, futures trading, and a wallet for storing cryptocurrencies.