Dec 12, · At the time of writing this report, Bitcoin traded at $18, with a daily trading volume of $25 billion. BTC price has been up % in the last 24 hours. It has a circulating supply of 19 million BTC coins and a max supply of 21 million. READ: Author: Olumide Adesina. 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. Aug 09, · Link ’s hour trading volume on Coinbase Pro is $ million - nearly 70% higher than bitcoin’s trading volume of $ million, according to data source Messari. However, link's hour.
Traded volume of bitcoinWe Still Don't Know Bitcoin's Real Volume - CoinDesk
Connect with us. Share Tweet. Olumide Adesina. Click to comment. Leave a Reply Cancel reply Your email address will not be published. Comment Name Email Website. Published 8 hours ago on December 25, By Olumide Adesina. Continue Reading. Data retrieved from crypto futures analytic platform, Bybt , shows Grayscale had , Bitcoins as of December 21st, The amount surged to , BTCs a day later, an increase of about 12, Latest Trending.
Around the World 2 mins ago. Business 33 mins ago. Interview 42 mins ago. Business 49 mins ago. Coronavirus 3 hours ago. Coronavirus 14 hours ago. Currencies 21 hours ago.
Financial Services 24 hours ago. Cryptocurrency 8 hours ago. Stock Market 22 hours ago. Along with circulating supply and market capitalization, volume is one of the most prominent metrics in crypto.
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. Kraken, for instance, is largely a European exchange.
Volume by exchange can reveal where the buyers or sellers of a coin are. CoinMarketCap does not, however, reflect exchanges with no fees. Generally, the biggest and most popular coins are traded the most.
If you sort by volume on CoinMarketCap, the top three coins are Bitcoin , Etherum , and Ripple , also the three largest market caps. No surprises there.