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

Investing, News | 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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Bitcoin93.6$10,542.82$10,093,800,000
Dash79.7$709.79$364,569,000
BitConnect77.3$298.06$33,716,600
Litecoin68.3$100.23$700,822,000
Ethereum64.0$491.14$2,328,750,000
EOS63.9$2.94$124,674,000
Monero61.8$202.43$189,504,000
Qtum61.5$15.22$157,638,000
Ethereum Classic59.9$32.99$803,758,000
Zcash52.6$357.73$134,753,000
Vertcoin48.8$5.39$11,763,700
Bitcoin Cash48.6$1,589.94$2,024,020,000
NEO47.3$37.88$103,782,000