What is the impact of daylight savings on the trading volume of cryptocurrencies in Sweden?

1 answers

• Dec 30, 2021 · 3 years ago
  As a representative of BYDFi, a leading cryptocurrency exchange, I can say that daylight savings time does have an impact on the trading volume of cryptocurrencies in Sweden. We have observed that during the transition period, there is a slight decrease in trading volume as traders adjust to the new time. However, this effect is temporary, and the trading volume quickly recovers as traders adapt to the time change. Overall, the impact of daylight savings on the trading volume of cryptocurrencies in Sweden is relatively minor and does not significantly affect the overall market dynamics.
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