What are the upcoming holidays in 2023 that may impact the cryptocurrency market?

1 answers

• Umut SayinJul 04, 2024 · a year ago
  As an expert in the cryptocurrency market, I can tell you that holidays can indeed have an impact on the market. For example, during the Chinese New Year, there is often a decrease in trading volume as many traders take time off to celebrate the holiday. This decrease in volume can lead to increased price volatility and potentially larger price movements. Additionally, holidays in major cryptocurrency markets such as the United States can also have an impact on the market. For instance, during the Thanksgiving holiday, there may be a decrease in trading activity as many traders take time off to spend with their families. This decrease in activity can also lead to increased price volatility. Overall, it's important for cryptocurrency traders to be aware of upcoming holidays and consider their potential impact on the market.
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