Why Bitcoin Sees Most Of Its Gains While US Traders are Asleep.

Theories abound, with some positing that investors have no choice -- thanks to the market's 24/7 nature -- but to turn to crypto while stocks are closed for trading. "In a downtrend market, it shouldn't work, particularly in very volatile, range-bound markets", she said, adding that she'd like to see more research on these types of topics, as well as how transaction costs play a part. Correlations Vetle Lunde, analyst at Arcane Research, says he expected US trading hours to be the most significant contributor to the Bitcoin selloff in recent months, but hadn't expected to see that being the only contributor. [Extracted from the article]