Here are the trading hours for cryptocurrencies based on my search:
- Trading Hours: Cryptocurrency markets are open 24/7, but the majority of transactions occur during the week within global market hours1. The crypto spot market is open 24/7, even on weekends1.
- Liquidity: Liquidity is higher during the week when global markets are open, particularly during the afternoon European time when the US market is active2. The most active period on Coinbase, a leading global crypto exchange, is from 10 AM to 11 AM Eastern Standard Time2.
- Volatility: The most volatile periods for several cryptocurrencies are typically Wednesday at 4 PM UTC3. However, the crypto market is always volatile, and traders should be prepared for rapid price movements at any time.
- Weekends: While the crypto market is open 24/7, there is a drop-off in participation by smarter money (institutional and professional traders) during weekends2. The market is less compelling to trade, and there is less volatility2.
In conclusion, the crypto market is most active during the week when global markets are open, particularly during the afternoon European time. However, traders should be aware that the market is always volatile and can present opportunities and risks at any time.