Markets Update

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The top volume coins were in decline over the weekend, with a few points dropped from previous highs on Bitcoin, Litecoin, and Ripple. Bitcoin shows higher volume, around 14million, putting it slightly heavier than some of the earlier trading days.

This is a change from the usual buy-ups that have been occurring on weekends by some private traders who were looking to take advantage of non-commercial buyers and sellers, and appears to show that the market is active, and tough to predict.

There is a direct correlation between the recent volume, and a spike in the upward direction in the number of transactions, according to the stats from the Blockchain, with this point on the needle showing 132,907 — giving the number of transactions its new highest point on record. The new high point signifies that the increased number of transactions shows uptake across the network, and increased activity.

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