Does Wall Street timing really move the crypto market?
Although cryptocurrencies trade around the clock, the opening and closing of major financial markets, especially in the United States, clearly affects price volatility. Traders often observe that strong movements of currencies like ($BTC ) coincide with the opening of the New York market or the release of American economic reports.
The reason lies in the influx of massive capital at the start of the American trading session, creating momentum in buying or selling. Additionally, investment funds and major institutions operate during traditional market hours, which casts a shadow on crypto through the indirect relationship with indicators such as #S&P500 and #Nasdaq .
From here, following Wall Street news becomes essential for traders in digital currencies, especially when making decisions to enter or exit the market.
