Volume
24h trading volume
| Property | Value |
|---|---|
| Category | Market Data |
| Unit | USD |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/prices |
| Field | volume |
Overview
Volume measures the total USD value of Bitcoin traded across major exchanges in a 24-hour period.
Interpretation
- High volume on price increases confirms bullish momentum.
- High volume on price decreases confirms bearish conviction.
- Low volume during price moves suggests weak conviction and potential reversal.
Use Cases
- Trend confirmation: Validate price breakouts with volume spikes.
- Liquidity assessment: Gauge market depth and ease of execution.
- Anomaly detection: Identify unusual trading activity that may precede large moves.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/prices?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Price — BTC market price
- Market Cap — Total market cap