Are there any changes in cryptocurrency price volatility during European daylight savings?

3 answers

• Alireza HashemabadiSep 27, 2020 · 5 years ago
  Yes, there can be changes in the price volatility of cryptocurrencies during European daylight savings time. This is because daylight savings time affects the trading hours of different markets around the world, which can impact the liquidity and trading volume of cryptocurrencies. Additionally, changes in market sentiment and investor behavior during daylight savings time can also contribute to fluctuations in price volatility.
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• Prasanna ThapaAug 17, 2022 · 3 years ago
  Absolutely! Cryptocurrency price volatility can be influenced by a variety of factors, and European daylight savings time is one of them. During daylight savings time, there may be shifts in trading activity and liquidity, which can impact the price volatility of cryptocurrencies. Traders and investors should be aware of these potential changes and adjust their strategies accordingly.
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• CarieArieMay 08, 2021 · 4 years ago
  During European daylight savings time, there may be some changes in the price volatility of cryptocurrencies. However, it's important to note that the impact may vary depending on the specific cryptocurrency and market conditions. Factors such as news events, regulatory developments, and overall market sentiment can also play a significant role in determining price volatility. Therefore, it's essential to consider multiple factors when analyzing the price volatility of cryptocurrencies during daylight savings time.
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