Definition ∞ Daily averages represent the mean value of a specific metric calculated over a 24-hour period. In financial markets, this often applies to asset prices, trading volumes, or network transaction counts. These figures provide a smoothed representation of activity, helping to identify underlying trends by mitigating short-term volatility. Daily averages are a standard analytical tool for assessing market performance. They offer a concise summary of activity.
Context ∞ Analysts frequently cite daily averages for cryptocurrency prices or trading volumes to assess market sentiment and asset performance. Significant deviations from historical daily averages can signal important market events or shifts in participant behavior. News reports utilize these metrics to provide readers with an accessible overview of market dynamics and asset valuation changes.
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