Crypto trades around the clock; the people trading it do not. We split each day into three sessions, Asia, Europe and the US, and measured how much of 50 Bybit coins' movement came in each, from 16 October 2025 to 15 October 2026.
What we measured
Bybit hourly closes for the 50 most traded perpetuals: 8,760 hours. An hour's move is the size of its change, up or down. The sessions follow the local clocks, summer time included: Asia from 00:00 UTC (09:00 in Tokyo) to 08:00 in London, Europe from 08:00 in London to 09:00 in New York, the US from 09:00 in New York to 00:00 UTC. That makes the US session 10 or 11 hours a day, 44.4% of the year's hours.
What we found
For the median coin, the US session held 44.4% of the hours and 48.2% of the movement. Asia held 30.9% of the hours and 29.3% of the movement; Europe 24.7% and 22.6%.
Per hour, the median coin moved 0.75% in US hours, 0.65% in Asia's and 0.64% in Europe's. US hours were the busiest for 46 of the 50 coins. Bitcoin made 49.8% of its moves in US hours, Ethereum 51.2%, Solana 49.7%.
Is it luck?
The two halves agree: 48.4% of the movement in US hours from October to April, 48.1% from April to October, and 48.5% counting weekdays only. The exceptions were AKE and BR, busiest in Europe's hours, and DASH and LSK, in Asia's.
Where the year was made
We also asked in which session each coin's year was made. For the median coin, holding only through US hours lost 31.9% over the year, Europe's 10.0% and Asia's 5.1%. That is not a pattern we can back. We took the 50 coins' average return in each day's US session and gave each day a random sign, 10,000 times: 8,179 of those years ended as far from zero as the real one. In the first half, the US hours were the best session for 21 coins and the worst for 19.
What to do with it
Expect the most movement in US hours on most coins, about 15% more per hour than in Asia's. Set stops and alerts for that. Don't read the session as a direction.
On the chart
Bitcoin, hourly, 5 to 11 October 2026, with each day's US session shaded. That week Bitcoin made 50.0% of its moves in those 77 of 168 hours.
What this does not tell you
Which way a coin will move, in any session. One year, one exchange. Past data.
Observations, not recommendations.
