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Bitcoin Sees Largest Price Increase During Asian Trading Sessions: Arcane Research

ByLouis Adams

Jan 20, 2023
Reading time: < 1 minute

According to the analysts from Arcane Research, since the end of last fall, the most active traders were predominantly Asian Bitcoin traders.

The company experts have compared the scale of investments in BTC during trading in Asia, Europe and the USA from November 27 to January 15 and have come to the conclusion that buyers in the morning showed the highest activity at that time.

During the US session, Bitcoin preferred to consolidate, and at the end of December, trading in the US was closed in most cases by a depreciation of the largest crypto in terms of capitalization.

Arcane Research has also documented an increasing correlation between Bitcoin and US stocks over the past few months.