Which digital assets are most actively traded in the pre-market session?
Cauan gabriel da silva gomesDec 27, 2021 · 3 years ago3 answers
In the pre-market session, which digital assets experience the highest trading volume and activity? What are the popular cryptocurrencies that are actively traded before the regular market hours? Which coins or tokens attract the most attention from traders during this period?
3 answers
- Dec 27, 2021 · 3 years agoDuring the pre-market session, digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are among the most actively traded cryptocurrencies. These popular coins have a large market capitalization and a strong presence in the crypto community, which makes them attractive to traders. Additionally, altcoins like Cardano (ADA), Ripple (XRP), and Solana (SOL) also witness significant trading activity during this period. Traders often take advantage of the pre-market session to react to news and events that occurred outside regular market hours, leading to increased trading volume for these assets.
- Dec 27, 2021 · 3 years agoIn the pre-market session, the most actively traded digital assets are usually the ones that have recently experienced significant price movements or have been subject to major news events. For example, if a new project announces a partnership or a major exchange lists a new token, it can attract a lot of attention from traders during the pre-market session. Additionally, cryptocurrencies that are popular for short-term trading, such as Dogecoin (DOGE) or Shiba Inu (SHIB), often see high trading volume in this period as traders try to capitalize on short-term price fluctuations.
- Dec 27, 2021 · 3 years agoAccording to data from BYDFi, a leading cryptocurrency exchange, the most actively traded digital assets in the pre-market session are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These cryptocurrencies have a strong market presence and are widely recognized by traders. The pre-market session provides an opportunity for traders to react to overnight news and events, which can lead to increased trading activity for these assets. Additionally, altcoins like Cardano (ADA) and Polkadot (DOT) also attract significant trading volume during this period, as they are considered promising projects in the crypto space.
Related Tags
Hot Questions
- 96
How does cryptocurrency affect my tax return?
- 78
How can I protect my digital assets from hackers?
- 77
What is the future of blockchain technology?
- 76
Are there any special tax rules for crypto investors?
- 74
How can I minimize my tax liability when dealing with cryptocurrencies?
- 66
What are the tax implications of using cryptocurrency?
- 27
How can I buy Bitcoin with a credit card?
- 23
What are the best digital currencies to invest in right now?