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Data: After the spot Bitcoin ETF was approved, the trading volume of BTC-USD surged during the US stock market closing period

Data: After the spot Bitcoin ETF was approved, the trading volume of BTC-USD surged during the US stock market closing period

Bitget2024/01/27 01:13
BTC+0.44%

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.
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