Closed Markets.
Markets in India will generally be closed. This includes the National Stock Exchange of India. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which...
Closed markets
Markets in America, Canada, United Kingdom, Europe, India and Hong Kong will generally be closed. This includes the New York Stock Exchange, NASDAQ, Toronto Stock Exchange, London Stock Exchange, Euronext, National Stock Exchange of India and the Stock Exchange of Hong Kong. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock...
Closed markets.
Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result in increased price volatility. Markets in the United Kingdom, Europe and Hong Kong are...
PBOC Meeting.
The People's Bank of China is having a monetary policy meeting. A key macroeconomic factor currently is the Evergrande debt crisis and over-leveraged property developers in China. Although there is generally a ban on Crypto in China, Asian markets in particular have been concerned with the growing debt crisis in China and reacting strongly to...
