Markets edging higher with these 3 cryptocurrencies exhibiting stellar volumes

Traders are flocking around Ethereum, Binance Coin, Bitcoin and others; check out these cryptocurrency that are displaying higher than typical trading volumes.

A quick recap: Markets are up including news that

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.

While Ethereum in the midst of a 12 day downtrend, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $1,864.82, Ether went up to $1,962 only to drop back; still positive overall today, now trading at $1,871.27.

BNB has gained 34.18% since its lowest print of $196.72 earlier this year. Trending positively for about a month. While Binance Coin is on a 7 day uptrend

Bitcoin has managed to gain 65.67% so far this year despite trading at lows around $15,759 previously. Bitcoin is on a 7 day bullish run gaining $1,016.82 (4.2%).

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