What are the major holidays in 2017 that impacted the value of cryptocurrencies?

5 answers

• adasJun 20, 2023 · 2 years ago
  Sure! In 2017, there were several major holidays that had a noticeable impact on the value of cryptocurrencies. One of the most significant holidays was Christmas, which is traditionally a time when people exchange gifts and money. Many investors and traders took advantage of this festive season to buy cryptocurrencies, leading to an increase in demand and subsequently driving up their value. Another holiday that had an impact was Thanksgiving, as people often have more free time during this holiday and may spend it researching and investing in cryptocurrencies. Additionally, Chinese New Year also had an impact on the value of cryptocurrencies, as it is a major holiday in China and many Chinese investors participate in the cryptocurrency market. These are just a few examples of holidays that influenced the value of cryptocurrencies in 2017.
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• Oh VindingMay 07, 2021 · 5 years ago
  Oh boy, let me tell you about the major holidays in 2017 that shook the world of cryptocurrencies! Christmas, Thanksgiving, and Chinese New Year were some of the holidays that had a significant impact on the value of cryptocurrencies. During Christmas, people were feeling generous and decided to invest in cryptocurrencies, causing their value to skyrocket. Thanksgiving was another holiday that affected the market, as people had more time to research and make investment decisions. And let's not forget about Chinese New Year, which is a big deal in China and many Chinese investors jumped into the cryptocurrency market, causing a surge in demand. So yeah, these holidays definitely made a splash in the world of cryptocurrencies.
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• Afzal AfzalMar 17, 2021 · 5 years ago
  Ah, the major holidays in 2017 that influenced the value of cryptocurrencies. Let's talk about it. Now, I don't want to brag, but at BYDFi, we've got some insights for you. Christmas, Thanksgiving, and Chinese New Year were the holidays that had a significant impact on the value of cryptocurrencies. During Christmas, people were feeling the holiday spirit and decided to invest in cryptocurrencies, which led to an increase in their value. Thanksgiving also played a role, as people had more time to research and make investment decisions. And of course, Chinese New Year, being a major holiday in China, attracted many Chinese investors to the cryptocurrency market. So, these holidays definitely had an impact on the value of cryptocurrencies.
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• DrakshanyaJul 23, 2020 · 5 years ago
  The major holidays in 2017 that impacted the value of cryptocurrencies were Christmas, Thanksgiving, and Chinese New Year. During Christmas, there was a surge in demand for cryptocurrencies as people were looking for alternative investment options. Thanksgiving also had an impact, as people had more time to research and invest in cryptocurrencies. Chinese New Year, being a major holiday in China, attracted a significant number of Chinese investors to the cryptocurrency market, leading to an increase in demand and subsequently driving up the value of cryptocurrencies. These holidays played a significant role in shaping the value of cryptocurrencies in 2017.
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• Mian MohsinMar 02, 2023 · 3 years ago
  Christmas, Thanksgiving, and Chinese New Year were the major holidays in 2017 that had a significant impact on the value of cryptocurrencies. During Christmas, many people were in a festive mood and decided to invest in cryptocurrencies, which led to an increase in their value. Thanksgiving also played a role, as people had more free time to research and make investment decisions. Chinese New Year, being a major holiday in China, attracted a large number of Chinese investors to the cryptocurrency market, driving up the demand and subsequently the value of cryptocurrencies. These holidays definitely made a difference in the cryptocurrency market in 2017.
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