Is low volume good for Crypto?

If you’re looking for short term speculative day trading, a lower volume coin would be better because the price often fluctuates more. If you’re looking for long term investing with (relatively) stable returns, a coin with a higher trading volume would be better since the prices are more stable.

What does volume say about Crypto?

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.

Why is crypto trading volume so high?

Not surprisingly, the volume of trading in cryptocurrencies tends to soar as their prices rise, with new investors pile in, creating a feeding frenzy. The main beneficiaries of high trading volumes are the cryptocurrency exchanges, which rake in trading fees on transactions.

What is considered low volume in Crypto?

Low volume means that the trading volume is below 3 BTC in the past 24 hours. Cryptocurrencies that have a low volume will have a lower ranking. Also, knowing a coin’s trading volume can help you decide whether it’s a good idea or not to invest in this cryptocurrency.

How do you trade Crypto with volume?

The technique is pretty simple: if today’s closing price of cryptocurrency or any other currency is higher than yesterday’s, then today’s trading volume is added to the previous OBV value (OBV = previous OBV + today’s trading volume).

What cryptocurrency has the highest volume?

Top Cryptos by Volume (all currencies, 24hr)

• BTC-USD47,086.05-1,824.64\% –
• ETH-USD3,885.69-154.98\% –
• BNB-USD529.04-6.44\% –
• USDT-USD1.00-0.00\% –
• SOL1-USD178.44-2.38\% –
• ADA-USD1.25-0.06\% –
• USDC-USD1.00-0.00\% –
• XRP-USD0.81-0.01\% –

What is Bitcoin 24 hour volume?

BTC Price Statistics

Bitcoin Price	$47,144.75
Trading Volume24h	$27,713,313,345.29 23.20\%
Volume / Market Cap	0.0311
Market Dominance	40.73\%
Market Rank	#1