How did customs holidays in 2015 impact the digital currency market?

3 answers

• Khánh TrầnFeb 10, 2024 · 2 years ago
  During the customs holidays in 2015, the digital currency market experienced a decrease in trading volume and a drop in cryptocurrency prices. This was mainly due to the reduced activity and liquidity in the market as many traders were away on vacation. As a result, the overall market sentiment was bearish, leading to a decline in prices. However, once the holidays were over and traders returned, the market gradually regained its momentum and prices started to recover.
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• Augustien Bacarisas myangelsApr 08, 2021 · 4 years ago
  The impact of customs holidays in 2015 on the digital currency market was significant. With reduced trading activity and liquidity, the market experienced lower volatility and decreased trading volume. This resulted in a temporary slowdown in price movements and a lack of major market catalysts. However, it's important to note that the impact was temporary and the market quickly resumed its normal activity once the holidays were over.
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• Internet TechJul 08, 2024 · a year ago
  During the customs holidays in 2015, the digital currency market witnessed a decline in trading volume and a slight decrease in cryptocurrency prices. This can be attributed to the reduced participation of traders during the holiday period. However, it's worth noting that the impact was relatively minor and the market quickly recovered once traders returned to their normal trading activities.
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