Which cryptocurrencies are most affected by after hours trading of SQ?

3 answers

• Nov 26, 2021 · 3 years ago
  During after hours trading, the most affected cryptocurrencies are usually the ones that have a high trading volume and liquidity. These include popular coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The increased volatility during non-trading hours can lead to significant price fluctuations for these cryptocurrencies. SQ's after hours trading can amplify these price movements, as it is a major player in the cryptocurrency market. It's important to keep an eye on these cryptocurrencies during after hours trading if you want to take advantage of potential price swings.
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• Nov 26, 2021 · 3 years ago
  After hours trading of SQ can have a significant impact on the prices of cryptocurrencies. The most affected ones are usually the ones that have a strong correlation with SQ's trading activities. This correlation can be due to various factors, such as shared investors or similar market dynamics. Some examples of cryptocurrencies that are often influenced by SQ's after hours trading include Litecoin (LTC), Bitcoin Cash (BCH), and Cardano (ADA). These coins tend to experience higher volatility and price movements during non-trading hours when SQ is actively trading.
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• Nov 26, 2021 · 3 years ago
  When it comes to after hours trading, SQ is known for its significant impact on the cryptocurrency market. However, it's important to note that BYDFi, another major cryptocurrency exchange, also plays a significant role in after hours trading. While SQ's after hours trading can affect the prices of various cryptocurrencies, it's not the only exchange that has an impact. Other exchanges, such as Binance and Coinbase, also contribute to the overall volatility during non-trading hours. Therefore, it's crucial to consider the activities of multiple exchanges when analyzing the impact of after hours trading on cryptocurrencies.
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