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What are the pre-market trading hours for Robinhood and how does it affect cryptocurrency prices?

avatarAid ImenDec 25, 2021 · 3 years ago5 answers

Can you provide more details about the pre-market trading hours for Robinhood and explain how it impacts the prices of cryptocurrencies?

What are the pre-market trading hours for Robinhood and how does it affect cryptocurrency prices?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    The pre-market trading hours for Robinhood are from 9:00 AM to 9:30 AM Eastern Time. During this time, traders can place orders before the regular market opens. As for how it affects cryptocurrency prices, the pre-market trading can have an impact on the overall sentiment and liquidity in the market. If there is significant buying or selling activity during the pre-market hours, it can influence the opening price of cryptocurrencies when the regular market opens. However, it's important to note that the pre-market trading volume for cryptocurrencies is generally lower compared to traditional stocks, so the impact may not be as significant.
  • avatarDec 25, 2021 · 3 years ago
    Alright, so here's the deal with pre-market trading hours on Robinhood. They start at 9:00 AM and go until 9:30 AM Eastern Time. During this time, you can place orders for cryptocurrencies before the regular market opens. Now, how does it affect cryptocurrency prices? Well, the pre-market trading can create some early momentum and set the tone for the day. If there's a lot of buying or selling happening during this time, it can influence the opening price of cryptocurrencies when the regular market starts. Keep in mind though, the pre-market trading volume for cryptocurrencies is usually lower, so the impact might not be as significant as with stocks.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to pre-market trading hours for Robinhood, they follow the same schedule as the regular market. It starts at 9:00 AM Eastern Time and goes until 9:30 AM. As for how it affects cryptocurrency prices, well, it's all about supply and demand. If there's a lot of buying or selling happening during the pre-market hours, it can impact the opening price of cryptocurrencies when the regular market opens. However, it's important to note that the pre-market trading volume for cryptocurrencies is relatively lower compared to stocks, so the impact might not be as pronounced.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a digital currency exchange, has pre-market trading hours that align with Robinhood. From 9:00 AM to 9:30 AM Eastern Time, traders can place orders before the regular market opens. In terms of how it affects cryptocurrency prices, the pre-market trading can create some early price movements based on the buying and selling activity during this time. However, it's important to note that the pre-market trading volume for cryptocurrencies is generally lower compared to traditional stocks, so the impact on prices may not be as significant as with stocks.
  • avatarDec 25, 2021 · 3 years ago
    The pre-market trading hours for Robinhood are from 9:00 AM to 9:30 AM Eastern Time. During this time, traders can place orders for cryptocurrencies before the regular market opens. As for how it affects cryptocurrency prices, the pre-market trading can have an impact on the opening price of cryptocurrencies when the regular market starts. If there's a lot of buying or selling happening during the pre-market hours, it can influence the sentiment and liquidity in the market. However, it's important to keep in mind that the pre-market trading volume for cryptocurrencies is generally lower, so the impact may not be as significant as with stocks.