The crypto market: operating 24 hours a day

Have you ever wondered when the crypto market and Bitcoin close? Unlike traditional financial markets, the cryptocurrency ecosystem operates nonstop, seven days a week.

Conventional markets, such as stock exchanges, are subject to specific trading hours, which limits the participation of non-professional investors. In contrast, a market that operates freely, without time restrictions or long breaks during weekends and holidays, tends to be more diverse and inclusive, adapting to different social realities.

But does it really matter when cryptocurrency and Bitcoin transactions are made? In this article, we will explore this question in detail.

Characteristics of the crypto market

The universe of cryptocurrencies is characterized by its decentralized nature. This means that digital currencies are not issued or regulated by a central entity, such as a government. This trading environment operates on a computer network known as blockchain, a secure and immutable technology that acts as a digital ledger of transactions, ensuring integrity without the need for institutional oversight.

Cryptocurrency trading

Although cryptocurrencies exist in the digital realm, they can be bought and sold through specialized platforms and stored in virtual wallets. Since they are not tied to a specific geographical location and their network operates continuously, cryptocurrencies can be traded without interruptions. In other words, Bitcoin never sleeps. To access this market, you only need an internet connection and to be registered on a crypto exchange like Gate.

Benefits of trading in a continuous market

Participating in a market that never closes offers multiple advantages. We highlight three of the main benefits for investors.

Adaptability and immediate response

In traditional markets, investors are limited by the opening and closing hours of the exchanges. In contrast, the crypto market allows participants to react quickly to events that may affect the prices of digital assets, even during weekends and holidays. This flexibility provides a significant advantage, allowing for the protection of investments and the ability to seize opportunities at any time.

Greater fluctuation in the price of Bitcoin

Bitcoin is traded globally around the clock. Analyzing the trading volumes, it is observed that the period of greatest price variation for Bitcoin occurs between 1:00 and 4:00 UTC, which corresponds to 8:00 PM and 11:00 PM in Spain. The highest volatility coincides with the end of the trading day in North America and the start of the workday in Asia, balancing two of the main crypto markets.

If you can't or don't want to trade BTC starting at 8:00 PM in Spain, don't worry! Analysis indicates that, although the early morning is the period of greatest price variation for the crypto asset, there is no specific time of day that is more favorable for trading Bitcoin. Opportunities can arise at any moment.

Weekend trading trends

Throughout the history of cryptocurrencies, an upward trend in BTC prices has been observed during weekends and holidays, driven by the entry of large investors, especially hedge funds.

This phenomenon has contributed not only to the increase in the price of BTC but also to the increase in cryptocurrency transaction volumes during the weekends.

Incorporation of new investors to the crypto market and Bitcoin

Now that you understand that the crypto market allows you to invest in BTC - and in any other coin - at any time, it is important to highlight that Gate offers a platform that makes it easy to do so safely.

The global community of cryptocurrency investors now exceeds 260 million people, united by the belief in financial freedom and a renewed vision for the future of finance.