The highest volumes today go to: Litecoin & Algorand USD.
Here's the most recent update: Crypto markets are up — Bitcoin up to $16,750, gaining 0.33%.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
While trading was mostly up today, some cryptocurrencies have high volumes. Take a look.
Litecoin cryptocurrency trades up $0.406, approximately 0.65% higher this afternoon Full steam ahead for Litecoin as 4 days uptrend continues
Litecoin is on a 4 day bullish run gaining $5.86 (11.07%). this session seems to remain in the same lane for now — Litecoin posts light gains on a low-volatility day, ranging between $61.8 – $63.61 and is now at $62.87.
Since its 52-week high of $230.14, Litecoin has lost 72.85% over the last twelve months. LTC is currently trading with a market cap of 4.50 billion with an average daily volume of 93.88 million.
Algorand cryptocurrency trades up $0.021, approximately 7.73% higher this afternoon
After closing at $0.268 today, Algorand began today at $0.268 with significant bullish sentiment driving Algorand's price action higher. So far today, price action has drawn out a distinct $0.268 to $0.29 range.
— Average trading volume refers to a 21-day rolling average.