What are the most active hours for NAS100 trading in the cryptocurrency market?
Simone_CherryJan 15, 2022 · 3 years ago3 answers
In the cryptocurrency market, during which hours is NAS100 trading the most active?
3 answers
- Jan 15, 2022 · 3 years agoThe most active hours for NAS100 trading in the cryptocurrency market are typically between 9:30 AM and 4:00 PM Eastern Standard Time (EST). During this time, there is usually a higher volume of trading activity, as it overlaps with the regular trading hours of the stock market. Traders and investors are actively buying and selling NAS100 tokens, leading to increased liquidity and potential trading opportunities. It's important to note that market activity can vary depending on factors such as news events, economic releases, and global market conditions.
- Jan 15, 2022 · 3 years agoNAS100 trading in the cryptocurrency market tends to be most active during the daytime hours, especially when the stock market is open. This is because NAS100 is an index that tracks the performance of the top 100 non-financial companies listed on the NASDAQ stock exchange. As such, it is heavily influenced by the trading activity of these companies, which typically occurs during regular business hours. Traders often look for increased volatility and liquidity during these active hours to capitalize on price movements and execute their trading strategies.
- Jan 15, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the most active hours for NAS100 trading in the cryptocurrency market are typically between 10:00 AM and 3:00 PM UTC. During this time, traders from around the world are actively participating in the market, leading to increased trading volume and potential profit opportunities. It's important for traders to be aware of these active hours and adjust their trading strategies accordingly to take advantage of the market dynamics.
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