Are there any specific hours when cryptocurrency prices tend to be more volatile?

3 answers

• Dec 17, 2021 · 3 years ago
  Certainly! While cryptocurrency prices can be volatile throughout the day, there are certain hours when the volatility tends to be higher. Generally, the most volatile hours are during the overlap of trading sessions in different time zones. This is when traders from different regions are actively participating in the market, leading to increased trading volume and price fluctuations. Additionally, major news announcements and economic events can also cause significant volatility in cryptocurrency prices. It's important to stay updated with the latest news and be aware of any scheduled events that may impact the market.
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• Dec 17, 2021 · 3 years ago
  Oh boy, cryptocurrency prices can be all over the place! But if you're looking for the juiciest hours of volatility, you gotta keep an eye on those early mornings and late evenings. That's when the big players come out to play, and things can get wild! Just make sure you're ready for the rollercoaster ride, because it can go up and down faster than a kangaroo on a trampoline. And don't forget to buckle up, because news events can also shake things up and send prices flying or crashing. Happy trading, mate!
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• Dec 17, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that there are indeed specific hours when cryptocurrency prices tend to be more volatile. During the early hours of the Asian trading session, there is often increased volatility due to the active participation of traders from countries like China, Japan, and South Korea. This can be attributed to the time difference and the influence of news and events in these regions. However, it's important to note that volatility can occur at any time, as the cryptocurrency market operates 24/7. So, it's crucial to stay vigilant and use proper risk management strategies regardless of the time of day.
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