Which time of day offers the highest trading volume for cryptocurrencies in the US?

3 answers

• Nov 27, 2021 · 3 years ago
  The highest trading volume for cryptocurrencies in the US typically occurs during the afternoon hours, between 2 PM and 4 PM Eastern Time. During this time, many traders are actively participating in the market, resulting in increased trading volume. It's important to note that the specific peak hours may vary depending on the day of the week and market conditions. However, based on historical data, the afternoon hours tend to consistently show higher trading volume compared to other times of the day.
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• Nov 27, 2021 · 3 years ago
  In my experience, the highest trading volume for cryptocurrencies in the US usually happens in the late morning to early afternoon, around 10 AM to 2 PM Eastern Time. This is when traders are actively reacting to news and market developments that occurred overnight or in the early morning. The trading volume tends to taper off towards the end of the trading day. However, it's worth noting that the cryptocurrency market is highly volatile and can be influenced by various factors, so the highest trading volume may not always occur during the same time every day.
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• Nov 27, 2021 · 3 years ago
  According to data from BYDFi, a popular cryptocurrency exchange, the highest trading volume for cryptocurrencies in the US is typically observed during the late afternoon and early evening hours, between 4 PM and 8 PM Eastern Time. This is when many traders are actively buying and selling cryptocurrencies, resulting in increased trading volume. However, it's important to keep in mind that trading volume can fluctuate based on market conditions and other factors, so it's always a good idea to monitor the market throughout the day to identify potential peak hours for trading.
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