Crypto Glossary24 hr
24 hr
"24 hr" in crypto refers to a 24-hour time frame. In the context of cryptocurrency markets and trading, it signifies a period of one day, spanning from the current time to the same time the next day.
Examples of its usage include:
- Cryptocurrency price charts often display price movements and trading volume data over a 24-hour period, allowing traders and analysts to assess short-term market trends and volatility.
- Trading platforms and exchanges may provide 24-hour trading capabilities, allowing users to buy, sell, and exchange cryptocurrencies around the clock, irrespective of geographical locations or time zones.
In summary, "24 hr" in crypto serves as a standard time frame for tracking and analyzing various aspects of cryptocurrency markets and trading activities within a single day.
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