Right here’s why cryptocurrency crashes on the weekends

Right here’s why cryptocurrency crashes on the weekends

Jack Taylor | Getty Photographs Information | Getty PhotographsCryptocurrency is understood for volatility and a few specialists say crashes are in

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Jack Taylor | Getty Photographs Information | Getty Photographs

Cryptocurrency is understood for volatility and a few specialists say crashes are inclined to occur on weekends.

“This has been a phenomenon in crypto for a number of years,” mentioned Stephen McKeon, affiliate professor of finance on the College of Oregon in Eugene, and accomplice at Collab+Foreign money, a cryptocurrency-focused funding fund. 

These weekend dips could have important results as regulators weigh the way forward for digital foreign money, specialists say. Here is why these crashes could also be occurring.

Much less buying and selling on weekends



cnbc.com

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