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March 20, 2023
Traders are flocking around EOS, Bitcoin, Chainlink USD and others; check out these cryptocurrency that are displaying higher than typical trading volumes.
Here's the most recent update: The leading indices are currently lower —
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.
Though trading was down today, some cryptocurrency are currently at high volumes. Here is an update.
EOS is on a 4 day bullish run gaining $0.16 (17.83%). Heading in the same direction for now — after closing the previous trading day at $1.16, EOS is up to $1.18, which makes for a move of 1.63%/$0.019 today.
After four days of gains, it is down 0.46% today. Bitcoin has a market cap of 540.33 billion with an average daily volume of 24 billion.
Chainlink is currently trading with a market cap of 3.71 billion with an average daily volume of 309.94 million.
— Average trading volume refers to a 21-day rolling average.
