Volatility Ranking of 1500 cryptocurrencies based on 24 hour trading volume | SHUFFLUP (2024)

FAQs

What is 24 hour trading volume in cryptocurrency? ›

24H Volume is the amount of buying and selling of an asset that takes place over a 24-hour period. It is a key point of data for market participants and is found on the Crypto.com Price page. 24H Volume lets traders gauge interest in a cryptocurrency and shows how much it's been traded in a 24-hour time frame.

It is calculated by taking the standard deviation of the logarithmic returns of a crypto over the given time period. Realised volatility is a useful measure for evaluating the accuracy of historical volatility forecasts and for assessing the performance of trading strategies that rely on volatility forecasts.

24h Volume is calculated by multiplying the price of a cryptocurrency by the number of coins traded in a 24 hour period.

Volume is the total amount of assets traded in a specific period of time. The 24-hour Volume indicator is used to measure the total volume of a symbol traded in the last 24 hours, expressed as in currency. It can be used to measure the market's interest in a particular symbol.

Bitcoin prices are volatile for many of the same reasons other investments are—supply and demand and how investors react to hype, news, and regulatory actions. The main difference between bitcoin and other investment prices is the magnitude in which its price changes.

Volatility refers to rapid and significant price fluctuations that occur frequently in the cryptocurrency market. Unlike traditional financial (TradFi) markets, where price movements of currencies are usually less pronounced, cryptocurrencies can experience wild swings in a matter of hours or even minutes.

What is the formula for calculating volatility? ›

But first, here's a look at the formula for calculating annualized volatility. Annualized volatility = standard deviation (volatility) multiplied by the square root of the periods in the year.

Crypto traders have long debated the best time to trade cryptocurrencies. According to data from on-chain data provider Skew, 3 - 4 PM UTC is when cryptocurrency trading is most intense.

In stocks, for example, perhaps the most followed market on the planet, we see that, on average, the first trading hour is the most volatile and the last the least volatile.

Broadly speaking, some of the most volatile markets you can trade are: Cryptocurrencies. Commodities. Exotic currency pairs.

In the simplest terms, trading volume is the sum of all buy-sell transactions of a specific cryptocurrency asset within a set period, usually calculated on a daily basis. For example, if Bitcoin has a daily trading volume of 50,000 BTC, this means that 50,000 bitcoins were traded during that day.

Coinbase has a trading volume of $1,482,126,134 in the last 24 hours and $911,442,513,165 in the last 7 days. Coinbase currently has 248 cryptocurrencies, 3 fiat currencies and 591 markets (cryptocurrency trading pairs).

Crypto trading volume comparison with world's assets

The cryptocurrency market saw an estimated $ 328.55B worth of trading volume in the last 24 hours. Meanwhile, the U.S. stock market have an estimated daily volume of $ 478.72B, while the global foreign exchange market has an estimated daily volume of $ 7.50T.

Average daily trading volume is the average of how many shares (stock market) or contracts (futures and options market) change hands in a day. Open interest is a futures and options term that describes how many contracts are open, that haven't yet been closed.