Which holidays have the biggest impact on cryptocurrency futures trading?

3 answers

• Mouatamid HankachFeb 23, 2024 · 2 years ago
  Major holidays such as Christmas, New Year's Day, and Easter often have a significant impact on cryptocurrency futures trading. During these holidays, trading volume tends to decrease as many traders take time off and markets become less active. This reduced liquidity can lead to increased price volatility and larger price swings. Additionally, holidays in specific regions, such as Chinese New Year or Thanksgiving in the United States, can have a localized impact on cryptocurrency markets. It's important to be aware of these holidays and their potential effects on trading activity.
  588

  294
• ALEXXA DATINGMay 06, 2022 · 3 years ago
  Holidays like Christmas and New Year's Day are notorious for their impact on cryptocurrency futures trading. The reduced trading volume during these holidays can result in lower liquidity and increased price volatility. Traders should be cautious during these periods and adjust their strategies accordingly. Additionally, holidays in different countries can have varying effects on cryptocurrency markets. For example, Chinese holidays like the Spring Festival can lead to decreased trading activity and potentially affect the price of cryptocurrencies. It's crucial to stay informed about these holidays and their potential impact on the market.
  647

  216
• HitchsterAug 31, 2021 · 4 years ago
  When it comes to holidays that have a significant impact on cryptocurrency futures trading, one that stands out is the Chinese New Year. This holiday, which is celebrated by millions of people around the world, often leads to a decrease in trading volume and increased price volatility. The Chinese market plays a crucial role in the cryptocurrency industry, and any disruptions caused by the holiday can have a ripple effect on global markets. Traders should be aware of this holiday and its potential impact on cryptocurrency futures trading.
  544

  136