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Trading Volume

By CoinGecko | Updated on Mar 03, 2020
Trading volume is considered a reference point for how active is a market is performing. It also implies liquidity as higher trading volume implies more traders in the market.

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Related Terms

Buy the F***in Dip (BTFD)
An encouraging rally by asset/cryptocurrency supporters to buy during a price decline
Nonce
It means ‘umber that only used once’ (a number that is only used once) and it is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Unspent Transaction Output
(abbv. "UTXO") Coins that are unspent in the wallet. UTXO virtually represents the cryptocurrency one own in the wallet.
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