33 of all the crypto volume traded across the globe with. Lets go into more detail on the ramifications. With regards to the market share, Binance enjoys roughly 14 of the trading volume while OKex gets 12 while Huobis figure. You can also slice and dice it by exchange. Generally, the biggest and most popular coins are traded the most. Bitcoin, Etherum, and, ripple, also the three largest market caps.
Along with circulating supply and market capitalization, volume is one. For traders, volume hints at sustainability of a given move. A drastic price increase with low volume might be fools gold.
A drop with considerable volume behind. As a long time trader I have found the information you are asking for invaluable when analyzing an assets fundamentals as well as potential longevity. With that said, lets break down how we go about determining which country (or session) is responsible for most of a given cryptocurrency s volume.
Within our premium, members-only. This growth in trading fees generated by cryptocurrency exchanges has been attributed to an increase in the number of institutional investors as well as growing retail adoption. All that being said, though, Nordvig remains skeptical that digital currencies will be able to fully replace traditional currencies over the long term. For traders, volume hints at sustainability of a given move. The higher trading volume of cryptocurrencies is one reason they fluctuate so drastically.
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