What are the most active hours for trading digital assets in EST?
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Can you provide information on the most active hours for trading digital assets in Eastern Standard Time (EST)? I am interested in knowing the specific time periods when trading activity is highest in the digital asset market.
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4 answers
- The most active hours for trading digital assets in EST are typically during the overlap of trading hours between major financial centers. This includes the hours between 8:00 AM and 4:00 PM EST, when both the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE) are open. During this time, there is increased trading volume and liquidity in the market, which can lead to more opportunities for traders.
Feb 18, 2022 · 3 years ago
- If you're looking for the busiest hours to trade digital assets in EST, you'll want to focus on the morning and early afternoon. This is when traders in the United States and Europe are active, and there tends to be higher trading volume. Specifically, the hours between 9:30 AM and 4:00 PM EST are typically the most active, as this aligns with the opening and closing times of the major stock exchanges in the US.
Feb 18, 2022 · 3 years ago
- According to a study conducted by BYDFi, the most active hours for trading digital assets in EST are between 9:00 AM and 12:00 PM EST. During this time, there is a significant increase in trading volume and market activity. Traders often take advantage of the morning volatility to make quick profits. It's important to note that market conditions can vary, and it's always a good idea to monitor the market and adjust your trading strategy accordingly.
Feb 18, 2022 · 3 years ago
- The most active hours for trading digital assets in EST are typically during the morning and early afternoon. This is when traders in North America and Europe are actively participating in the market. The hours between 9:00 AM and 4:00 PM EST are generally considered to be the busiest, as this aligns with the opening and closing times of major stock exchanges. However, it's important to keep in mind that market activity can also be influenced by news events and other factors, so it's always a good idea to stay informed and adapt your trading strategy accordingly.
Feb 18, 2022 · 3 years ago
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