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Not Trading on Weekends?

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  • Tip Bones

For the past couple of years, trade quantities have taken a surprising drop over weekends. The decrease in size has been prompted by a mix of lower trade recurrences coupled with smaller trade sizes likely due to a drop-off in institutional investor activity on Saturdays and Sundays. Hmmm.

Unlike traditional financial markets, cryptocurrency exchanges enable investors the capacity to trade any day of the week. For the past couple of years, however, trading on weekends has not been as common, with user activity being the weakest on Saturdays and Sundays across all the top exchanges. Interesting.