Which cryptocurrencies experience the most trading activity before the market opens?

3 answers

• Pascal WollnitzaSep 01, 2021 · 4 years ago
  Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin usually experience the highest trading activity before the market opens. This is because many traders and investors analyze the market and place their orders during this time to take advantage of potential price movements when the market opens. The high trading activity before the market opens can also be attributed to the influence of international markets and news events that occur outside regular trading hours.
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• Sushrut SaptaputreJan 09, 2022 · 4 years ago
  The most commonly traded cryptocurrencies before the market opens are Bitcoin, Ethereum, and Ripple. These cryptocurrencies have a large market capitalization and a strong following, which leads to increased trading activity. Additionally, traders often use this time to react to news and events that occurred overnight or in other time zones, which can further drive trading activity.
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• Abhi reddyApr 07, 2024 · a year ago
  According to a study conducted by BYDFi, the cryptocurrencies that experience the most trading activity before the market opens are Bitcoin, Ethereum, and Binance Coin. This can be attributed to the popularity of these cryptocurrencies and the active trading community on the BYDFi platform. Traders often take advantage of the early morning hours to analyze the market and place their trades, resulting in high trading activity for these cryptocurrencies.
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