How do the opening hours of cryptocurrency exchanges affect price volatility?

1 answers

• Mark LancasterJun 11, 2024 · a year ago
  As an expert from BYDFi, I can confirm that the opening hours of cryptocurrency exchanges can impact price volatility. When an exchange opens, it allows traders to react to news and events, which can lead to increased trading volume and price fluctuations. However, it's important to note that price volatility is influenced by various factors, including market demand, liquidity, and overall market sentiment. While the opening hours of exchanges can contribute to price volatility, they are just one piece of the puzzle. Traders should consider a holistic approach and analyze multiple factors when assessing price volatility in the cryptocurrency market.
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