“24hr” represents a 24-hour duration, and within the cryptocurrency context, it commonly denotes a time frame used for monitoring price fluctuations and trade activities.

When you encounter “24hr” on a crypto exchange or market data, it signifies that you are examining how the cryptocurrency’s price and trading volume have altered within the past 24 hours.

This time frame is widely employed to evaluate short-term price patterns and the overall state of the market. Due to the substantial price swings in the cryptocurrency realm, a 24-hour perspective proves invaluable for traders and investors as they assess recent market dynamics and potential opportunities or risks.

For individuals new to cryptocurrencies, keeping an eye on this data is crucial when making trading decisions or evaluating the performance of digital assets within a relatively brief time span.