What are the best trading hours for digital currencies in New York?

3 answers

• Gail LazalitaDec 30, 2024 · 8 months ago
  The best trading hours for digital currencies in New York are typically during the overlap of the New York and London trading sessions. This is when the market is most active and liquidity is high. During this time, you can expect higher trading volumes and potentially better price movements. It's important to note that digital currency markets are open 24/7, but trading activity tends to be more concentrated during certain hours. It's also worth considering the specific digital currencies you are interested in trading, as some may have higher trading volumes during specific hours due to global market dynamics. Overall, monitoring the market activity and trading volumes during different hours can help you identify the best trading opportunities in New York.
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• HASSAN RIZWANAug 14, 2021 · 4 years ago
  The best trading hours for digital currencies in New York can vary depending on the specific digital currency you are interested in trading. Generally, the market tends to be more active during the New York and London trading sessions, which overlap for a few hours. During this time, there is increased trading volume and liquidity, which can result in better price movements and trading opportunities. However, it's important to note that digital currency markets are open 24/7, so there are always opportunities to trade. It's recommended to monitor the market and trading volumes for the specific digital currencies you are interested in to determine the best trading hours for your trading strategy.
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• Ajay SinghOct 24, 2020 · 5 years ago
  BYDFi, a leading digital currency exchange, recommends trading digital currencies in New York during the overlap of the New York and London trading sessions. This is when the market is most active and offers the highest liquidity. During these hours, you can expect increased trading volumes and potentially better price movements. However, it's important to note that digital currency markets are open 24/7, and trading opportunities can arise at any time. It's recommended to monitor the market and trading volumes for the specific digital currencies you are interested in to optimize your trading strategy.
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