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What are the most active hours for cryptocurrency trading in Europe?

avatarscriptoxinDec 28, 2021 · 3 years ago3 answers

Can you provide information on the most active hours for cryptocurrency trading in Europe? I'm interested in knowing the specific time periods when trading activity is highest in this region.

What are the most active hours for cryptocurrency trading in Europe?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The most active hours for cryptocurrency trading in Europe typically occur between 9:00 AM and 5:00 PM UTC. During this time, there is a higher volume of trading activity due to the overlap of trading hours between different European countries. It's important to note that specific cryptocurrencies may have different trading hours, so it's always a good idea to check the trading schedule of the specific cryptocurrency you are interested in.
  • avatarDec 28, 2021 · 3 years ago
    The most active hours for cryptocurrency trading in Europe are usually during the morning and early afternoon. This is when traders in Europe are most active and when there is a higher volume of trading activity. However, it's important to keep in mind that cryptocurrency markets are open 24/7, so there is always some level of trading activity happening at any given time.
  • avatarDec 28, 2021 · 3 years ago
    According to data from BYDFi, the most active hours for cryptocurrency trading in Europe are typically between 10:00 AM and 4:00 PM UTC. During this time, there is a higher concentration of trading volume and liquidity in the market. Traders often take advantage of this period to execute their trades and capitalize on market movements. However, it's important to remember that cryptocurrency markets are highly volatile and can experience significant fluctuations outside of these hours as well.