Tuesday, February 20

Arcane Research: 43% of Bitcoin Trading Volume During US Market Hours By Cointelegraph

©Reuters. Arcane Research: 43% of Bitcoin Trading Volume During US Market Hours

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.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.