Last Updated on September 12, 2023 by Paganoto
Bitcoin: Biggest Price Swings Happen on Weekends
Bitcoin: Biggest Price Swings Happen on Weekends
The size of individual orders is usually big with overall fewer orders. It indicates that the large holders of the cryptocurrency, so-called bitcoin whales, are active during the weekend to amass or offload bitcoins in big number and cash in the weekend price swings.
Here's why cryptocurrency crashes on weekends – CNBC
Here's why cryptocurrency crashes on weekends – CNBC
Investors may trade cryptocurrency outside of the work week, allowing for after-hours price swings. · Fluctuations happen on weekends due to less …
Why crypto tends to crash on the weekends – Fortune
Why crypto tends to crash on the weekends – Fortune
‘The Sunday effect’: Why does crypto tend to crash on weekends? … Cryptocurrencies don’t take any days off. Digital currencies aren’t tied to …
Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data …
Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data …
During the weekend, as traditional markets close, trading volume at Bitcoin exchanges also tends to drop off. When there are fewer active …
Why does the cryptocurrency price go down on the weekends?
Why does the cryptocurrency price go down on the weekends?
Though the price changes are big in size, volume is lower on weekends. … It indicates that the large holders of the cryptocurrency, so-called bitcoin whales, …
Do Bitcoin prices go down on weekends? – Quora
Do Bitcoin prices go down on weekends? – Quora
Yes, the price of Bitcoin goes down on weekends. · The price tends to go down because banks are closed, so less people are buying Bitcoins. On the other hand, …
The 'Sunday Effect' Sends Crypto Crashing on Weekends
The 'Sunday Effect' Sends Crypto Crashing on Weekends
“Should the price of Bitcoin abruptly plummet on a Saturday, investors in a Bitcoin ETF would theoretically be trapped in that fund until the …
Is There a 'Best' Time to Trade Crypto? Here's What the Data …
Is There a 'Best' Time to Trade Crypto? Here's What the Data …
“Weekends in legacy markets such as forex were always known to be thinner. Knowing this, banks would push the market around to force movements.
Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time
Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time
Bitcoin’s price fell closer to $21,000 on Friday as crypto volatility remains … How does this latest crash compare to previous ones, or even to regular …
Why Is Bitcoin Down Today? – Forbes
Why Is Bitcoin Down Today? – Forbes
Commissions do not affect our editors’ opinions or evaluations. … Ethereum, the leading altcoin, has fallen nearly 9% in the last 24 hours …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.