According to @LexSokolin, crypto operates around the clock while traditional capital markets run on defined daytime sessions, creating distinct liquidity and risk windows for traders (source: @LexSokolin on X, Sep 18, 2025). Crypto spot and perpetual futures are available 24/7, which enables weekend price moves and necessitates continuous risk controls like alerts, stop orders, and position sizing (source: Coinbase Help Center; Binance Support). U.S. equities trade 9:30 a.m.–4:00 p.m. ET with pre/post-market sessions but daily closures, so overnight gaps can materially affect opening prices and execution plans (source: NYSE official trading hours; Nasdaq education resources on pre- and after-hours trading). Crypto liquidity typically thins on weekends with wider spreads and lower depth, implying reduced leverage and wider stops on Saturdays/Sundays for risk management (source: Kaiko market research on weekend liquidity conditions). Perpetual futures funding rates accrue and settle around the clock and can flip during thinner liquidity, impacting carry trades and hedges (source: Binance Futures funding documentation; Bybit Learn).