Markets edging higher with these 3 cryptocurrencies exhibiting stellar volumes

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

Here's the most recent update: Markets are up as

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.

Bitcoin is up to $24,444 (0.99%), adding to its five consecutive days of gains. Bitcoin has managed to gain 45.68% so far this year despite trading at lows around $15,759 previously. Bitcoin is currently trading with a market cap of 472.19 billion with an average daily volume of 24 billion.

Ethereum has gained 38.61% since its lowest print of $993.77 earlier this year. Ethereum has a market cap of 205.69 billion with an average daily volume of 8 billion.

This year has been a bright one for TRON after trading as low as $0.05 and going on to appreciate by 21.67% year to date. TRON has a market cap of 6.12 billion with an average daily volume of 266.39 million.

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