Volcano

Bitcoin Cash Explodes, Other Digital Currencies Highly Active In Block Tribune Volatility Index

Investing, News | November 10, 2017 By:

The digital currency markets exploded today, with unusually large fluctuations in price over the past 24 hours.

A notable high volatility outlier was Bitcoin Cash, which traded between $629.10 and $1,122.18 today, with an average price of $782.83. On the other end, Ripple XRP saw unusually low volatility today. Its range was $0.20 – $0.22 with an average of $0.22.

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 digital currencies with the greatest trading volume, as measured in U.S. Dollars.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Bitcoin Cash111.6$782.83$3,436,430,000
Monero66.9$116.39$87,395,400
Bitcoin66.6$7,072.62$4,106,310,000
BitConnect65.7$273.51$22,055,400
Zcash63.7$258.87$81,452,900
Dash62.5$331.89$107,216,000
Ethereum61.5$317.60$770,614,000
Litecoin59.7$63.86$286,551,000
NEO58.1$31.15$50,805,000
Ethereum Classic57.8$14.59$262,850,000
EOS57.7$1.11$21,713,100
Qtum54.7$11.92$124,689,000
Vertcoin47.9$4.67$14,721,300
Ripple41.2$0.22$126,693,000