Data: After the spot Bitcoin ETF was approved, the trading volume of BTC-USD surged during the US stock market closing period
Kaiko data shows that after the spot Bitcoin ETF was approved, the BTC trading pattern on U.S. platforms underwent significant changes. The hourly BTC-USD trading volume soars around 8 to 9 PM Greenwich Mean Time, which corresponds to the daily closing period of the U.S. stock market (3 to 4 PM Eastern Time).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Asuransi Bintang announces extraordinary shareholders meeting
Nippon Steel signs JPY 30 billion subordinated loan to fund bond redemption
Bankers of Anthropic and OpenAI Push for Top Credit Ratings After IPO
Indo Oil Perkasa says unaware of material information behind OILS share volatility
Crypto prices
More
