Which time of the day is the most volatile for popular cryptocurrencies?

3 answers

• Kevin BeardsleeMay 22, 2023 · 3 years ago
  The most volatile time for popular cryptocurrencies is usually during the early morning hours (around 2-4 am UTC). This is when trading volumes are relatively low, and even a small buy or sell order can have a significant impact on the price. Traders often refer to this period as the 'Asian session' as it coincides with the opening of Asian markets. It's important to note that volatility can vary depending on market conditions and news events.
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• Salman ShaikhAug 22, 2021 · 5 years ago
  In my experience, the most volatile time for popular cryptocurrencies is during the late afternoon and early evening hours (around 4-8 pm UTC). This is when traders in Europe and the United States are active, leading to increased trading volumes and higher price fluctuations. It's a time when market sentiment can quickly change, and news announcements or major events can have a significant impact on prices.
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• Šimon MatoušJan 27, 2025 · a year ago
  According to a study conducted by BYDFi, the most volatile time for popular cryptocurrencies is during the late evening and early morning hours (around 10 pm - 2 am UTC). This is when trading volumes are relatively low, and the market is more susceptible to price manipulation. Traders should exercise caution during this period and consider implementing risk management strategies to mitigate potential losses.
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