Volume trading bitcoin
The volume of a token listed on CoinMarketCap is quite simple. It’s the amount of the coin that has been traded in the last 24 hours. For example, roughly $ billion worth of Bitcoin has changed hands in the last day. You can break this down in a variety of ways; you could also list it as 3,,, Euros. Oct 23, · Volume stands for the number of overall Bitcoins that have been traded in a given timeframe. Volume is used by traders to identify how significant a trend is; significant trends are usually accompanied by large trading volumes, while weak trends are accompanied by low volumes. Bitcoin price today is $22, USD with a hour trading volume of $54,,, USD. Bitcoin is up % in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $,,, USD. It has a circulating supply of 18,, BTC coins and a max. supply of 21,, BTC coins.
Volume trading bitcoinBitcoin Bull Run Pumped Trading Volume 78% in November - Decrypt
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Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now. News Coins. By Robert Stevens 3 min read. Bitcoin Bull Run Bitcoin. What is Bitcoin, really? Image: Shutterstock. Along with circulating supply and market capitalization , volume is one of the most prominent metrics in crypto. The volume of a token listed on CoinMarketCap is quite simple.
Or, in crypto terms, , Bitcoins. You can also slice and dice it by exchange. In the last 24 hours, roughly Essentially, volume underscores how many people are buying and selling the coin. If the price of Bitcoin goes up and it shows a hefty volume, that tells us lots of people are making moves. Thus, it will likely keep going up. Volume is arguably the most important metric for a cryptocurrency , because of the amount of ways it can be broken down.
From volume, you can infer the direction and movements of a coin. Volume can examined in minute detail. You can track volume on CoinMarketCap by the last 24 hours, last week, or last 30 days. You can also examine which exchanges had what volume. As well, many exchanges are geographically-focused.