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43% of Bitcoin trading volume during US market hours: Arcane Research -Breaking

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© Reuters.

Uncle Sam is the ruler of (BTCArcane Research has published a report that shows the emergence of cryptocurrencies in the () trade arena. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity.

In 2022, there has been a significant increase in U.S. trading hours, accounting for 43% on the average 24-hour volume.