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How does Thanksgiving week affect the cryptocurrency market hours?

avataririshkenyanDec 27, 2021 · 3 years ago3 answers

During Thanksgiving week, how are the operating hours of cryptocurrency markets affected? Do they have reduced trading hours or are they closed completely?

How does Thanksgiving week affect the cryptocurrency market hours?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    During Thanksgiving week, the cryptocurrency market hours may be affected due to lower trading activity. Some exchanges may choose to reduce their operating hours or close completely on Thanksgiving Day. This is because many traders and investors take time off during the holiday, resulting in lower liquidity and trading volume. It's important to check with individual exchanges for their specific holiday trading schedule.
  • avatarDec 27, 2021 · 3 years ago
    Thanksgiving week can have an impact on the cryptocurrency market hours. While some exchanges may operate as usual, others may have reduced trading hours or be closed completely on Thanksgiving Day. This is because the holiday is widely celebrated in the United States, and many traders and investors take time off. It's always a good idea to check with your preferred exchange for any changes to their trading schedule during Thanksgiving week.
  • avatarDec 27, 2021 · 3 years ago
    During Thanksgiving week, the cryptocurrency market hours may be adjusted by some exchanges. For example, BYDFi, a popular cryptocurrency exchange, typically operates with reduced trading hours on Thanksgiving Day. This is to accommodate the lower trading activity during the holiday. However, other exchanges may choose to remain open as usual. It's important to check with your specific exchange for their holiday trading schedule to plan your trading activities accordingly.