What are the most active hours for cryptocurrency price movements?

3 answers

• Dec 30, 2021 · 3 years ago
  As a cryptocurrency enthusiast, I can tell you that the most active hours for cryptocurrency price movements vary depending on the market and the specific cryptocurrency. Generally, the hours between 8:00 AM and 8:00 PM UTC tend to see higher trading volumes and more price fluctuations. However, it's important to note that this can differ for each cryptocurrency and may also be influenced by major news events or market trends. Keeping an eye on the market during these hours can help you stay updated on the latest price movements.
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• Dec 30, 2021 · 3 years ago
  Well, let me break it down for you. The most active hours for cryptocurrency price movements are typically during the day when major markets are open and active. This means that you can expect higher trading volumes and more price volatility between 8:00 AM and 8:00 PM UTC. However, it's worth mentioning that certain cryptocurrencies may have their own peak hours based on their specific user base and market dynamics. So, it's always a good idea to do some research and keep an eye on the market to identify the most active hours for your preferred cryptocurrency.
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• Dec 30, 2021 · 3 years ago
  According to a study conducted by BYDFi, a leading cryptocurrency exchange, the most active hours for cryptocurrency price movements are typically between 10:00 AM and 6:00 PM UTC. During these hours, traders and investors are actively buying and selling cryptocurrencies, leading to higher trading volumes and increased price movements. However, it's important to remember that market conditions can change rapidly, and it's always advisable to stay updated and monitor the market throughout the day for the latest price movements.
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