If you’ve been watching the crypto market for a while, you might have noticed something interesting: things tend to get a bit crazy on Mondays. Prices jump around more than usual, and it can feel like a rollercoaster ride. But why is Monday so special for crypto?
Let’s take a look at what makes Monday morning different in the crypto world:
When Monday morning rolls around, it’s the start of the trading week in Asia. Big crypto markets like South Korea, Japan, and China come online, and traders in those countries start buying and selling. This surge of activity can have a big impact on crypto prices around the world.
Think of it like this: imagine a quiet swimming pool. Then, suddenly, a whole bunch of people jump in at once. That’s kind of what happens in the crypto market on Monday morning when Asia starts trading.
Many crypto traders and big investment companies like to adjust their investments at the beginning of each week. This is called “rebalancing”. They might sell some of their crypto holdings and buy others, depending on how they think the market will move.