I'm interested in understanding when does the trading volume of cryptocurrencies reach its peak. I want to know the specific times or periods during the day, week, or even year when crypto trading is most active.
7 answers
CryptoWanderer
Sun Jan 19 2025
These patterns are often influenced by the operational hours of major trading markets across the globe.
CryptoEnthusiast
Sun Jan 19 2025
The heightened activity leads to more transactions, thereby boosting the overall trading volume.
Sara
Sun Jan 19 2025
When major markets overlap, trading volumes tend to surge. This occurs due to the convergence of active traders from different regions.
Stefano
Sun Jan 19 2025
For instance, when both the U.S. and European markets are open simultaneously, trading volumes for cryptocurrency increase notably.
CryptoKing
Sun Jan 19 2025
Trading volume, which refers to the amount of cryptocurrency bought and sold within a specific timeframe, exhibits particular patterns.