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Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows

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Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows - NewsBTC

Quick Summary:

Related Reading: Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again) Bitcoin Trading Activity Takes A Nap Kaiko’s data is straightforward: Bitcoin weekend trading activity has shrunk dramatically, dropping from a high of 28% in 2019 to a mere 16% in 2024.

Analyst Spots Bullish Pattern Echoing 2022 Breakout The Road Ahead The dwindling weekend trading activity signifies a potential paradigm shift in the Bitcoin market.

The report highlights a surge in Bitcoin trading activity during the “benchmark fixing window” – the final hour of US stock market trading.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 09:40:17 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21439817

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://beamstart.com/news/bitcoin-weekend-trading-takes-a-17198281647901

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