Markets edging higher with these 3 cryptocurrencies exhibiting stellar volumes

The highest volumes today go to: Binance Coin, Cardano, MaticNetwork USD.

Here's the most recent update: The leading indices are showing gains — Bitcoin up 0.64%, trading at $26,069.

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.

BNB has shed 21% over the past three months. On a negative trend for around a month. While in the midst of a month downtrend,

Having set a significant high of $0.57 9 months ago, Cardano is trading 51.77% lower. Pointing downwards for around 2 months. ADA has been losing ground for 17 days

Polygon Matic has fallen back around 58.3% from the significant high of $1.54 set 3 months ago. Trending downwards for around 3 months. A 17 day downtrend has resulted in the asset losing $0.298.

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