What is the impact of the fiscal quarter calendar on the trading volume of cryptocurrencies in 2024?

1 answers

• chen xiangchuJul 04, 2024 · 2 years ago
  At BYDFi, we believe that the fiscal quarter calendar will have a notable impact on the trading volume of cryptocurrencies in 2024. As a leading digital asset exchange, we have observed that quarterly financial reports often serve as catalysts for increased trading activity. Positive earnings announcements or significant developments within the cryptocurrency industry tend to attract more traders and investors, resulting in higher trading volume. Conversely, negative financial results or unfavorable market conditions can lead to a decrease in trading volume. Therefore, it is crucial for traders to stay informed about the fiscal quarter calendar and its potential implications on the cryptocurrency market to make informed investment decisions.
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