Knowledge Notes | Market Capitalization and Trading Volume
① The turnover rate is commonly estimated by dividing 24-hour trading volume by market capitalization, and reflects how quickly holdings change hands.
② Total market trading volume is the sum of trading volumes across all trading venues. The volume of a single exchange represents only the trading on that platform.
③ When looking at trading volume, check the measurement basis: don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 76631.62（-0.52%）
① The turnover rate is commonly estimated by dividing 24-hour trading volume by market capitalization, and reflects how quickly holdings change hands.
② Total market trading volume is the sum of trading volumes across all trading venues. The volume of a single exchange represents only the trading on that platform.
③ When looking at trading volume, check the measurement basis: don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 76631.62（-0.52%）