How does the NY session impact the volatility of digital currencies?

3 answers

• Skaarup PatrickApr 20, 2023 · 2 years ago
  During the New York session, the volatility of digital currencies tends to increase due to several factors. One of the main reasons is the overlap between the European and American trading sessions, which leads to higher trading volumes and increased market activity. Additionally, important economic news releases and events often occur during this session, which can have a significant impact on digital currency prices. Traders and investors closely monitor these events and adjust their positions accordingly, leading to increased volatility. It's important to note that while the NY session can contribute to higher volatility, it is not the sole determinant. Other factors such as market sentiment, global economic conditions, and regulatory developments also play a role in shaping the volatility of digital currencies.
  826

  413
• DustyBMar 03, 2022 · 4 years ago
  The NY session has a significant impact on the volatility of digital currencies. This is because many major financial institutions and market participants are based in New York, making it a key hub for digital currency trading. As a result, when the NY session begins, there is often a surge in trading activity, which can lead to increased volatility. Traders and investors closely watch the market during this session, looking for opportunities to capitalize on price movements. Additionally, any major news or announcements related to digital currencies that are released during the NY session can also contribute to increased volatility. Overall, the NY session plays a crucial role in shaping the volatility of digital currencies.
  735

  245
• Syed Kuddus KuddusJun 03, 2025 · 3 months ago
  The NY session, also known as the US session, has a significant impact on the volatility of digital currencies. This session starts at 8:00 AM Eastern Time (ET) and overlaps with the European session, which leads to increased trading volume and liquidity. The increased trading activity during this session can result in higher price fluctuations and volatility for digital currencies. Traders and investors often pay close attention to the NY session as it is known for its fast-paced and dynamic market environment. It's important to note that the NY session is just one of the many factors that can influence the volatility of digital currencies. Other factors such as market sentiment, economic indicators, and geopolitical events also play a role in determining price movements.
  783

  196