Let’s talk about market cap and trading volume.
Market cap rankings are usually sorted by circulating market cap. Rankings change constantly with price, and a high ranking doesn’t mean an asset is safer.
One thing many people overlook: higher trading volume generally means better liquidity, with less slippage on larger orders. However, be aware that some trading venues may inflate their trading volumes.
When looking at volume, pay attention to the time frame. Don’t compare a day’s trading volume with the volume of a single candlestick.
Back to the market: $BTC is currently at 83054.01, up 0.5% over 24 hours.
#BTC
Market cap rankings are usually sorted by circulating market cap. Rankings change constantly with price, and a high ranking doesn’t mean an asset is safer.
One thing many people overlook: higher trading volume generally means better liquidity, with less slippage on larger orders. However, be aware that some trading venues may inflate their trading volumes.
When looking at volume, pay attention to the time frame. Don’t compare a day’s trading volume with the volume of a single candlestick.
Back to the market: $BTC is currently at 83054.01, up 0.5% over 24 hours.
#BTC