7d
"7d" in crypto refers to a time frame of seven days, commonly used in price charts and analysis to assess the performance of a cryptocurrency over the past week. It represents the movement of prices, volumes, and other metrics within that specific duration.
For example, if the price of Bitcoin is $50,000 with a "7d" change of +10%, it means that over the past seven days, the price of Bitcoin has increased by 10% from its value seven days ago.
Cases:
- Price Movement: Suppose Ethereum has a 7d change of -5%. This indicates that Ethereum's price has decreased by 5% over the past week.
- Trading Volume: If a cryptocurrency's trading volume is reported as 1 million over 7d, it means that the total trading volume for that cryptocurrency in the last seven days is 1 million units.
- Market Capitalization: A cryptocurrency with a market capitalization of $1 billion 7d ago may now have a market capitalization of $1.2 billion, showing a 7d increase of 20%.
In essence, "7d" provides a snapshot of the recent performance of a cryptocurrency over a week, enabling traders and investors to make informed decisions based on short-term trends.
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