Markets edging higher with these 3 cryptocurrencies exhibiting stellar volumes

The highest volumes today go to: Ethereum, Litecoin, TRON.

A quick recap: Markets are up as Bitcoin goes up 1.81%, trading at $20,570.

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.

Having set a significant high of $3,515 11 months ago, ETH is trading 59.32% lower.

Approximately 11 months ago, Litecoin reached a significant high of $132 but has struggled to hold onto its gains and declined 45.73% since then. Litecoin has been losing ground for 10 days, shedding a total of 28.35% of its value.

After closing at $0.057 today, TRON began today at $0.057 with significant bullish sentiment driving TRON's price action higher. So far today, price action has drawn out a distinct $0.055 to $0.059 range.

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