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Analysis: Cancel your weekends! Bitcoin doesn't rest, and neither can you


LONDON (Reuters) - Bitcoin doesn’t sleep.
FILE PHOTO: A representation of virtual currency Bitcoin and U.S. One Dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic
On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past $30,000 for the first time.
Its 10% single-day jump was one of several weekend and public holiday price surges that helped the cryptocurrency soar by two-thirds from the start of December to early January.
Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. That represents a major shift from the previous 11 months, when weekend volumes were 13% lower than traditional trading hours. ....

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Analysis: Cancel your weekends! Bitcoin doesn't rest, and neither can you


LONDON (Reuters) - Bitcoin doesn’t sleep.
FILE PHOTO: A representation of virtual currency Bitcoin and U.S. One Dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic
On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for bitcoin, which powered past $30,000 for the first time.
Its 10% single-day jump was one of several weekend and public holiday price surges that helped the cryptocurrency soar by two-thirds from the start of December to early January.
Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. That represents a major shift from the previous 11 months, when weekend volumes were 13% lower than traditional trading hours. ....

New York , United States , United Kingdom , City Of , Los Reyes Magos , Tom Wilson , Anna Irrera , Blair Halliday , Chris Zuehlke , Scott Mckim , Joel Kruger , Fernando Mart , Thomson Reuters Trust Principles , Microstrategy Inc , New Year , Gibraltar Based Digital Asset Management , Dia De Los Reyes Magos , Christmas Day , Thomson Reuters Trust , Asia Pacific , Block Chain , China Prc , Enterprise Reporting , Financials Legacy , Financials Trbc Level 1 , Currencies Foreign Exchange Markets ,