The highest volumes today go to: Bitcoin Cash, Ethereum, Bitcoin.
Here's the most recent update: The leading indices were losing ground —
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.
BCH has fallen back around 2.04% from the significant high of $233.47 set 2 days ago. The sentiment that generated $34.46 in cumulative gains over the past 4 days was further evident for Bitcoin Cash.
Ethereum has managed to gain 57.45% so far this year despite trading at lows around $1,036.56 previously. During a 15 day uptrend, Ethereum gained a total of $237.34, or 13.03%.
This year has been a bright one for Bitcoin after trading as low as $15,759 and going on to appreciate by 84.05% year to date. Bitcoin is on a 15 day uptrend —
— Average trading volume refers to a 21-day rolling average.