<p>To my knowledge, bitcoin is not traded on any stock markets.  It is traded directly on exchanges specialized in cryptocurrencies.  These exchanges don't necessarily close, and therefore trades are always occurring.</p>

<p>Your wallet is reading the price feed from one of these exchanges (you can probably configure which one if you look at the settings), and is therefore getting updates about the going rate on that exchange.  Whether a stock market is open or closed it's irrelevant.</p>

CC BY-SA 3.0
2017-12-24T00:35:20.487Z
2017-12-24T00:35:20.487Z
Jestin
<p>Bitcoin is not a stock. It's a decentralized currency and its markets are open 24/7.</p>

CC BY-SA 3.0
2017-12-24T00:32:08.183Z
2017-12-24T00:32:08.183Z
Murch
<p>My bitcoin wallet "US dollar" amount is changing. It's Saturday the market is closed. How is this happening?</p>

<exchange-rate><price-discovery>
Why does my bitcoin "to US dollar" worth change when the stock market is closed?
Brooks Finch
# Why does my bitcoin "to US dollar" worth change when the stock market is closed?

(Asked by: username_0 on 2017-12-24)

My bitcoin wallet "US dollar" amount is changing. It's Saturday the market is closed. How is this happening?

**Tags:** exchange-rate, price-discovery


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## 2 answers

### Answer by username_1 on 2017-12-24. Score: 14

To my knowledge, bitcoin is not traded on any stock markets. It is traded directly on exchanges specialized in cryptocurrencies. These exchanges don't necessarily close, and therefore trades are always occurring.

Your wallet is reading the price feed from one of these exchanges (you can probably configure which one if you look at the settings), and is therefore getting updates about the going rate on that exchange. Whether a stock market is open or closed it's irrelevant.


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### Answer by username_2 on 2017-12-24. Score: 11

Bitcoin is not a stock. It's a decentralized currency and its markets are open 24/7.


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