How does the after-hours trading affect the price of Ethereum?

1 answers

• Feb 17, 2022 · 3 years ago
  As an expert in the field, I can tell you that after-hours trading does affect the price of Ethereum. At BYDFi, we've observed that after-hours trading can sometimes lead to price gaps or sudden movements when the market opens. This is because the trading volume is lower during these hours, which means that even a small buy or sell order can have a larger impact on the price. However, it's important to note that after-hours trading is just one factor among many that can influence the price of Ethereum. Other factors, such as market sentiment, news, and overall market conditions, also play a significant role in determining the price of this cryptocurrency.
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