Which cryptocurrencies are most active during premarket hours?
Buus AdairNov 28, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are known to be the most active during premarket hours? I'm interested in knowing which cryptocurrencies tend to have the highest trading volume and liquidity during this time period.
3 answers
- Nov 28, 2021 · 3 years agoDuring premarket hours, some of the most active cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have a large user base and are traded on various exchanges, which contributes to their high trading volume and liquidity. It's important to note that the activity during premarket hours may vary depending on market conditions and news events.
- Nov 28, 2021 · 3 years agoIn my experience, cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) tend to be the most active during premarket hours. These cryptocurrencies have a strong following and are widely traded, which leads to increased activity and liquidity. However, it's always a good idea to keep an eye on market trends and news updates, as they can have a significant impact on trading activity.
- Nov 28, 2021 · 3 years agoAccording to data from BYDFi, a popular cryptocurrency exchange, the most active cryptocurrencies during premarket hours are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have a large user base and are known for their high trading volume and liquidity. It's worth noting that the activity during premarket hours can be influenced by factors such as news events, market sentiment, and trading strategies of institutional investors.
Related Tags
Hot Questions
- 89
What are the tax implications of using cryptocurrency?
- 68
Are there any special tax rules for crypto investors?
- 62
What is the future of blockchain technology?
- 54
How can I buy Bitcoin with a credit card?
- 48
What are the advantages of using cryptocurrency for online transactions?
- 38
How can I protect my digital assets from hackers?
- 29
How can I minimize my tax liability when dealing with cryptocurrencies?
- 28
What are the best digital currencies to invest in right now?