What is 24-hour trading cryptocurrencies?
Could you elaborate on the concept of 24-hour trading in the cryptocurrency market? As a financial professional, I'm interested in understanding how this differs from traditional financial markets. Does it mean that investors can buy and sell cryptocurrencies without any interruption throughout the day? If so, how does this impact market liquidity and price volatility? Furthermore, what are the key factors that determine the price movements in this 24-hour market? And lastly, how do traders manage their risk in such a dynamic and highly volatile trading environment?