Markets edging higher with these 3 cryptocurrencies exhibiting stellar volumes

The highest volumes today go to: Bitcoin Cash, Litecoin, Solana.

What is happening with the market now? Markets are up as Bitcoin up to $31,000, gaining 1.86%.

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 cryptocurrency have high volumes. Take a look.

BCH has gained 4.19% over the last a day. Bitcoin Cash continues a 6 day surge, reaping a total of 59.81%.

Litecoin has fallen back around 16.95% over the past 4 months, from a notable high of $102.04. Litecoin has a market cap of 7.47 billion with an average daily volume of 509 million.

3 days and $2.07 of gains were not enough. Consistent for now — after closing the previous trading day at $18.05, Solana rose as high as $19 today before paring back gains and trading at $18.89.

— Average trading volume refers to a 21-day rolling average.