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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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
BitConnect69.3$288.86$23,114,900
Bitcoin67.8$9,908.76$7,149,740,000
Vertcoin63.9$5.74$18,572,400
Litecoin62.6$87.57$488,100,000
Ethereum Classic61.0$28.24$1,002,120,000
Monero58.8$182.80$73,631,200
Zcash57.2$303.66$76,004,000
EOS56.5$2.93$65,418,400
Ethereum55.4$442.85$1,316,410,000
Qtum54.0$12.69$84,609,300
NEO53.1$34.32$93,184,500
Dash50.4$780.94$310,946,000
Bitcoin Cash50.2$1,315.14$1,078,640,000