How does net change affect the trading volume of digital currencies?

1 answers

• Mar 08, 2022 · 3 years ago
  At BYDFi, we have observed that net change can have a substantial impact on the trading volume of digital currencies. When there is a positive net change, we often see a surge in trading volume as traders and investors become more active in the market. This is because a positive net change indicates a potential increase in value, which attracts more participants and leads to higher trading activity. Conversely, a negative net change can result in a decrease in trading volume as market participants may be more cautious and less willing to trade. Therefore, it is important for traders to closely monitor net change and its impact on trading volume when making investment decisions in the digital currency market.
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