Bitcoin Cash Explodes, Other Digital Currencies Highly Active In Block Tribune Volatility Indexbr>
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.
|Currency||Volatility Index||Today’s Average Price||Today’s Volume|