Uncle Sam dominates the (BTC) trading arena according to a report published by Arcane Research. Bitcoins 90-day correlation with the S&P 500 is currently at its highest point since October 2020, while US business hours show the most activity for Bitcoin.
By 2022, US trading hours show a marked increase in trading volume, accounting for 43% of 24-hour volume on average.
- The price of will be reinforced after the fall of the shares “between 10 and 20%”, says a Bloomberg analyst
Trading volumes have been trending upwards during US market hours since the end of 2021. The 43% figure is up from 36% for the period between November 1, 2021 and January 16 of 2022.
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