How do trading session times affect cryptocurrency price movements?

1 answers

• Dec 26, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that trading session times do have an impact on cryptocurrency price movements. The trading volume and liquidity during different sessions can affect the supply and demand dynamics, leading to price fluctuations. For example, during the Asian trading session, when markets in Japan and South Korea are active, there is often increased buying pressure on cryptocurrencies, which can drive up prices. Conversely, during the European or American trading sessions, there may be increased selling pressure, leading to price decreases. It's important for traders to be aware of these session times and consider them when analyzing price movements and making trading decisions.
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