Cryptocurrency amount vs volume

cryptocurrency amount vs volume

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Trading volume (also known as trade volume) is a metric that reflects ??the total value of cryptocurrency traded in the last 24 hours. Since trading volume. Trading volume tracks how a cryptocurrency changes hands, allowing you to track whether investors are buying or selling the crypto and helping. On-chain volume refers to the volume of digital coins transferred to exchange from external venues. As these transactions are written on the blockchain.
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  • cryptocurrency amount vs volume
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High volume does often indicate higher interest in a coin and its potential increase in value, but it can also mark the beginning or a peak of a bear market. Moreover, volume is a straightforward indicator to use. Measuring volume is essential to a successful trading strategy.