Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity.
For 2022, the U.S. trading hours show a marked increase in trading volume, making up 43% of the 24-hour volume on average.