homepostsWhat is volume in CoinMarketCap?

What is volume in CoinMarketCap?

Kevin VoigtNov 15, 2021

The 24-hour volume section at the top of CoinMarketCap website shows the total value of crypto traded in the past 24 hours. ... Volume is the sum total of actual trades taking place, meanwhile liquidity is the amount available for trading at any single price.

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Furthermore, which Crypto has the most volume?

BTC

#Coin24h Volume
1BTC$61,431,969,588
2ETH$33,895,106,535
4XRP$29,312,873,350
9LTC$11,654,090,083
Secondly, what is the volume in Cryptocurrency? The volume of a particular Cryptocurrency found on a Coin Prices Index page is simply the total amount of coins traded in the last 24 hours. The volume of a coin seen on a particular Exchange is the total volume of this coin in this Exchange only, unless it says otherwise.

In respect to this, what is Bitcoin 24-hour volume?

BTC Price Statistics

Bitcoin Price$45,033.43
Trading Volume24h$80,295,417,753.65 37.37%
Volume / Market Cap0.09507
Market Dominance39.75%
Market Rank#1

Why is Binance banned in the US?

Binance said in an earlier statement Thursday that it blocks U.S. residents from its website and uses advanced technology to analyze deposits and withdrawals for signs of illicit transactions. Binance takes its compliance obligations “very seriously,” the company said. The CFTC declined to comment.

What is the best digital coin to buy?

  • These are seven of the best cryptos on the market. It has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world. ...
  • Bitcoin (BTC) ...
  • Bitcoin Cash (BCH) ...
  • Cosmos (ATOM) ...
  • Dogecoin (DOGE) ...
  • Ethereum (ETH) ...
  • Compound (COMP) ...
  • Polkadot (DOT)

Why is Bitcoin volume so low?

Bitcoin's extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead.

Which crypto to buy right now?

We've factored this into our consideration, but there are other reasons why a digital token may be included in the list, as well.

  • Ethereum (ETH) ...
  • Litecoin (LTC) ...
  • Cardano (ADA) ...
  • Polkadot (DOT) ...
  • Bitcoin Cash (BCH) ...
  • Stellar (XLM) ...
  • Chainlink. ...
  • Binance Coin (BNB)

Which is the safest crypto exchange?

Coinbase

Why is Bitcoin volume so high?

Generally, Bitcoin's tremendous trading volume indicates that the asset is competing against established companies like Apple and Alphabet. As a result, most crypto advocates consider Bitcoin as a haven and it can remain stable during a stock market meltdown.

How do you read volume on Crypto?

What does volume on Binance mean?

Volume, or trading volume, is the number of units traded in a market during a given time. ... So if 100 shares are traded in one trading day, the daily volume of the stock is 100 shares. Traders tend to use the volume indicator as an attempt to gain a better understanding of the strength of a given trend.

How is 24 hour volume in Cryptocurrency?

A cryptocurrency's trading volume is the number of coins that have exchanged hands during a defined period of time, usually 24 hours. In other words, the 24-hour trading volume of a cryptocurrency is how much value of a coin has been bought and sold over the course of a day.

What will bitcoin be worth in 2030?

According to the publish an article on the internet. He is a crypto analyst and famous wallet investor. He predicted that the worth of bitcoin will be cross $100,000 by 2030. This prediction based on 2020 data that the time worth of one bitcoin was $10,723.

Is it smart to buy Bitcoin?

The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.

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About The Author

Kevin Voigt

Kevin is an Entrepreneur, Digital Nomad, Student, and ICO Marketing Manager currently based in Berlin & Champaign. He is actively involved in the Blockchain space and has worked in numerous projects in the Silicon Valley since 2017. His interests revolve around Finance, Consulting, and Blockchain Research.

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