Onchain Highlights
DEFINITION: This metric shows the 30-day change in the regional price set during US working hours, i.e., between 8 A.M. and 8 pm Eastern Time (13:00-01:00 UTC), respectively, and Eastern Daylight Time (12:00-0:00 UTC).
Regional prices are constructed in a two-step process: First, price movements are assigned to regions based on working hours in the US, Europe, and Asia. Then, regional prices are determined by calculating the cumulative sum of the price changes over time for each region.
Bitcoin’s month-over-month price change during US market hours demonstrates notable fluctuations over the past year. From July 2023 to June 2024, Bitcoin exhibited significant volatility, with marked increases and declines in price. The data reveals a trend of increased volatility starting in November 2023, dipping around the launch of the US ETFs and then peaking in March 2024, where the monthly price change during US hours approached a $10,000 increase. Following the April 2024 h
We współpracy z: https://cryptoslate.com/insights/bitcoins-post-halving-volatility-during-us-hours-reveals-historical-patterns/
