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Bitcoin Cash Is Volatility Leader in Block Tribune Index

Investing, News | December 1, 2017 By:

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

A notable low volatility outlier was Bitcoin Cash, which traded between $1,231.46 and $1,451.70 today, with an average price of $1315.14.

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
BitConnect 69.3 $288.86 $23,114,900
Bitcoin 67.8 $9,908.76 $7,149,740,000
Vertcoin 63.9 $5.74 $18,572,400
Litecoin 62.6 $87.57 $488,100,000
Ethereum Classic 61.0 $28.24 $1,002,120,000
Monero 58.8 $182.80 $73,631,200
Zcash 57.2 $303.66 $76,004,000
EOS 56.5 $2.93 $65,418,400
Ethereum 55.4 $442.85 $1,316,410,000
Qtum 54.0 $12.69 $84,609,300
NEO 53.1 $34.32 $93,184,500
Dash 50.4 $780.94 $310,946,000
Bitcoin Cash 50.2 $1,315.14 $1,078,640,000