What are the peak trading hours for digital currencies in the New York stock market?

3 answers

• Dec 26, 2021 · 3 years ago
  The peak trading hours for digital currencies in the New York stock market typically occur during the overlap of the New York and London trading sessions, which is from 8:00 AM to 12:00 PM Eastern Standard Time (EST). During this time, there is increased trading volume and liquidity as traders from both regions actively participate in the market. It's important to note that cryptocurrency markets operate 24/7, but the mentioned time period tends to have higher trading activity due to the involvement of major financial centers.
  532266
• Dec 26, 2021 · 3 years ago
  In the New York stock market, the peak trading hours for digital currencies usually take place in the morning, starting around 9:30 AM EST when the market opens. This is when traders and investors are most active, reacting to news and market developments. The trading volume tends to gradually decrease as the day progresses, with a notable drop in activity during the lunchtime period. However, it's worth mentioning that the cryptocurrency market operates globally, so there is always some level of trading activity happening at any given time.
  546182
• Dec 26, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, the peak trading hours for digital currencies in the New York stock market are typically between 9:00 AM and 5:00 PM EST. During these hours, traders and investors are actively buying and selling cryptocurrencies, resulting in higher trading volumes and price volatility. It's important to keep in mind that the cryptocurrency market is decentralized and operates 24/7, so there can be significant trading activity outside of these peak hours as well.
  500125