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Crypto myth, checked

“Crypto is quieter on weekends”

Bitcoin moves less on Saturdays and Sundays.

Supported by the data

Across 3,346 days, Bitcoin's typical weekend day moved 58% as much as a typical weekday (median absolute move 0.98% vs 1.69%). With this many days, that gap is far beyond luck (z = -10.8). Quieter is not safer, though: some of the biggest moves still happened on weekends.

Weekend typical move
0.98%
Weekday typical move
1.69%
Days measured
3,346
z-score
-10.8
Day (UTC)Average returnUp daysTypical moveDays
Monday+0.41%51%1.87%478
Tuesday-0.01%49%1.69%478
Wednesday+0.40%52%1.63%478
Thursday-0.23%46%1.75%478
Friday+0.26%52%1.53%478
Saturday+0.14%56%0.71%478
Sunday+0.07%52%1.25%478

How this was checked. Close-to-close daily returns by UTC weekday. Typical move = median absolute daily return; the z-score compares weekend and weekday absolute moves.

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Recomputed nightly from Binance daily closes. History describes the past; it is not a forecast or advice.