Unlike stock markets, the crypto market is open for trading 24/7, which can often lead to price swings on Saturdays and Sundays. So, has the summertime made living easy this year?

Over the past month, Bitfinex analysts found that Saturdays saw an average return of 1.6% in the price of bitcoin. When broadening the scope to include the past three months, the average return on Saturdays is a slightly more muted 0.9%. Recent supply pressures driven by the German government and Mt. Gox seem to subside during the weekend. 

“[I]n our view, crypto asset prices in general in the current period have been determined by the news agenda, rather than fundamentals,” the Bitfinex analysts said. “Selling pressure concerns have not completely disappeared as Mt. Gox creditors are also scheduled to …