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Exchange Trade Volume (USD)The total USD value of trading volume on major bitcoin exchanges.
More about this chart
Explanation
The Bitcoin trading volume indicates how many Bitcoins are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds. It is also a good indicator of the general interest in the crypto market.
Notes
The displayed volume is only from a small proportion of exchanges. The actual total trading volume is much higher. Part of the trading volume is also made outside crypto exchanges, for example in the OTC (Over The Counter) market.
Methodology
The trading volume is the sum of the trading volume of the BTC/USD pair from some exchanges.
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