I'm trying to understand how crypto volume works. What are the factors that influence it and how does it affect the overall cryptocurrency market?
7 answers
Raffaele
Sat Oct 26 2024
Cryptocurrency trading volume serves as a metric to gauge the level of interest in a specific digital coin.
CryptoAlchemist
Sat Oct 26 2024
It reflects the aggregate number of transactions involving the purchase and sale of a particular cryptocurrency over a given period.
Ilaria
Fri Oct 25 2024
An increase in trading volume indicates a heightened level of activity and engagement among traders.
Bianca
Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.
InfinityVoyager
Fri Oct 25 2024
Conversely, a decline in trading volume may suggest waning interest or a lack of momentum in the market.