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Why do crypto prices drop at night

Why do crypto prices drop at night

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He added that, network dynamics All Star Charts technical research, bull run like the one.

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Why the Alts Follow BTC Price Movements
In April, , Connor Higgins, a data scientist at Flipside Crypto, told CoinDesk, �If we break down fees by the hour we can see fewer but larger transactions. Fluctuations happen on weekends due to less volume, margin trading and other factors, experts say. Weekend drops may have significant effects. There seem to always be drops in volume on these traditional days off, but generally, prices experience large swings in both directions. An.

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calendar_month 08.08.2020

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So that can be a significant factor in optimizing the trade time for traders with smaller portfolios. According to a top 20 gas spender chart from Nansen, a blockchain analytics firm, trading activity starts to ramp up on both Coinbase and Binance, the two largest centralized exchanges in the world, during the morning hours in the U. If the circulating supply gets closer to this limit, the prices will rise significantly.