Why is the cryptocurrency trading market open 24/7?
Could you elaborate on the rationale behind the cryptocurrency trading market operating on a 24/7 basis? I'm curious to understand the factors that contribute to this unique structure. Is it due to the decentralized nature of cryptocurrencies, enabling transactions to occur without the need for traditional banking hours? Or is it driven by global demand and the diverse time zones across which traders operate? Understanding the motivation behind this perpetual market access could help investors make more informed decisions and take advantage of the various trading opportunities.