Let’s talk about market cap and trading volume.
Market cap rankings are usually sorted by circulating market cap. Rankings change in real time as prices move, and a higher rank doesn’t necessarily mean an asset is safer.
One thing that’s easy to overlook: Higher trading volume usually indicates better liquidity, meaning less slippage on larger orders. But be aware that some platforms may inflate their volume.
When looking at trading volume, make sure you understand how it’s measured. Don’t compare 24-hour trading volume with the volume of a single candlestick.
The coin mentioned above: $BTC is quoted at 83330.01, up 0.67% over 24 hours.
Market cap rankings are usually sorted by circulating market cap. Rankings change in real time as prices move, and a higher rank doesn’t necessarily mean an asset is safer.
One thing that’s easy to overlook: Higher trading volume usually indicates better liquidity, meaning less slippage on larger orders. But be aware that some platforms may inflate their volume.
When looking at trading volume, make sure you understand how it’s measured. Don’t compare 24-hour trading volume with the volume of a single candlestick.
The coin mentioned above: $BTC is quoted at 83330.01, up 0.67% over 24 hours.