What is the best time of day to trade cryptocurrencies in the US market?

3 answers

• Dec 25, 2021 · 3 years ago
  The best time of day to trade cryptocurrencies in the US market is typically during the overlap of the US and European trading sessions. This is when there is increased trading volume and liquidity, leading to more significant price movements. The hours between 8:00 AM and 12:00 PM Eastern Time (ET) are generally considered to be the most active and volatile. However, it's important to note that market conditions can vary, and it's always recommended to analyze the specific cryptocurrency you're interested in and monitor its price action throughout the day.
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• Dec 25, 2021 · 3 years ago
  As a cryptocurrency trader, I've found that the early morning hours, around 9:00 AM ET, tend to offer good trading opportunities. This is when the US market is waking up, and there is often increased volatility as traders react to news and events that occurred overnight. Additionally, it's worth keeping an eye on major economic announcements and regulatory developments, as they can significantly impact cryptocurrency prices and create trading opportunities throughout the day.
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• Dec 25, 2021 · 3 years ago
  Based on my experience at BYDFi, a reputable cryptocurrency exchange, the best time to trade cryptocurrencies in the US market is during the afternoon hours, between 2:00 PM and 4:00 PM ET. This is when we typically observe higher trading volumes and increased market activity. However, it's important to remember that every trader has their own preferences and strategies, so it's essential to find the time that aligns with your trading style and goals.
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