How do volume, volatility, and returns of Bitcoin vary based on weekday?

InstitutionalJune 15, 2020, 6:28AM EDT
UPDATED: March 10, 2022, 3:42PM EST
How do volume, volatility, and returns of Bitcoin vary based on weekday?
Partner offers

We'd love your feedback.

Advertisement

Cryptocurrency markets are unique because they are global and open 24/7, which introduces interesting dynamics. 

The regular trading session on the U.S. stock market is 6.5 hours a day — from 9:30 am until 4 pm. But the weekends and holidays are closed so there are normally 252 trading days a year, meaning that the stock market (not including after-market trading) is only open 1,638 hours a year. 

Expert insights. Delivered.

Get access to a suite of news, research, data, and funding tools