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Volume

24h trading volume

PropertyValue
CategoryMarket Data
UnitUSD
Resolution1d
AssetsBTC
TierBasic
API EndpointGET /v1/prices
Fieldvolume

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"