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Which cryptocurrencies are most active when the forex market opens on Sunday?

avatarPrasenjit DasDec 28, 2021 · 3 years ago1 answers

When the forex market opens on Sunday, which cryptocurrencies tend to be the most active?

Which cryptocurrencies are most active when the forex market opens on Sunday?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has observed that when the forex market opens on Sunday, Bitcoin, Ethereum, Ripple, and Litecoin are typically the most active cryptocurrencies. These cryptocurrencies have a large user base and are widely traded across various exchanges. However, it's important to note that trading volumes can also be influenced by factors such as market news, regulatory changes, and investor sentiment. Therefore, it's crucial to stay updated and conduct thorough research before making any trading decisions. Remember, the cryptocurrency market is highly volatile, and it's always recommended to exercise caution and use risk management strategies when trading.