[Analysis: Bitcoin returns since mid-October driven primarily by Asian trading sessions, while European sessions drag overall performance] BlockBeats News, October 21, Galaxy Research Head of Research Alex Thorn published an article stating that since mid-October, Bitcoin returns have been primarily driven by Asian trading sessions, while European trading sessions have dragged down overall performance. The chart he shared shows that as of October 20, starting from October 1, Bitcoin's cumulative return during Asian trading sessions was 3.9%, U.S. trading sessions 1.1%, and European trading sessions -5.5%; during the same period, the return from buying and holding throughout the day was -0.7%. [Original link]