It does and it doesn't. Futures trade almost around the clock and yet the only time market moves are -really- solidified is during the US trading session when m

It does and it doesn't. Futures trade almost around the clock and yet the only time market moves are -really- solidified is during the US trading session when most of the liquidity is sloshing around. The reason for this is almost all assets are priced relative to other assets. Once the markets for bonds and equities open BTC will rapidly reprice according to movements in these markets so in a way it can't really change independently of them. It also trades on much greater volume during these hours so as a result the "real price", i.e the volume-weighted average price moves much more consistently during the normal market hours than say on the weekend.