43% of Bitcoin trading volume during US market hours: Arcane Research
“The U.S. trading hours dominate the bitcoin trading volume, even on weekends,” a report from Arcane Research illustrates. Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity. For 2022, the U.S. trading hours show a marked increase in trading volume, making up 43% of the 24-hour volume on average. Trading volumes have trended up during US market hours since late 2021. The 43%....
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