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Bitcoin Has Amazing Price Swing in Today’s Block Tribune Volatility Index

Investing, News, Uncategorized | November 29, 2017 By:

The digital currency markets have been unusually active today, as the biggest digital currencies have experienced, on average, large fluctuations in price over the past 24 hours.

Leading the way was bitcoin, which traded between $9,601.00 and $11,985.00 today, with an average price of $10542.82. On the other end, NEO saw unusually low volatility today. Its range was $33.04 – $45.39 with an average of $37.88.

Our proprietary Block Tribune Volatility Index is a measure of daily price variability compared with variability over the prior 30 days. 50 indicates an average day. Greater scores indicate a wider range of trade prices while lesser scores indicate a relatively flat trading period.

The data below was compiled on a per-currency basis using reports from the exchanges that saw 1% or more of the total trade volume for that currency. It is as of 1:00 p.m. US Eastern Time and includes the digital currencies with the greatest trading volume, as measured in U.S. Dollars.

Currency Volatility Index Today’s Average Price Today’s Volume
Bitcoin 93.6 $10,542.82 $10,093,800,000
Dash 79.7 $709.79 $364,569,000
BitConnect 77.3 $298.06 $33,716,600
Litecoin 68.3 $100.23 $700,822,000
Ethereum 64.0 $491.14 $2,328,750,000
EOS 63.9 $2.94 $124,674,000
Monero 61.8 $202.43 $189,504,000
Qtum 61.5 $15.22 $157,638,000
Ethereum Classic 59.9 $32.99 $803,758,000
Zcash 52.6 $357.73 $134,753,000
Vertcoin 48.8 $5.39 $11,763,700
Bitcoin Cash 48.6 $1,589.94 $2,024,020,000
NEO 47.3 $37.88 $103,782,000