Bitcoin Continues Rolling, Nears $12,000 – Litecoin Also Surging

Investing, News | February 20, 2018 By:

It’s on! Bolstered by a huge influx of investors from South Korea, bitcoin climbed near the $12,000 per single coin mark this morning, doubling its bottom and setting the stage for greater glory.

Also having a good day was Litecoin. Fueled by a hard fork that has created the controversial Litecoin Cash – an offshoot decried as fake by the creators of the original Litecoin – the digital currency was up nearly nine percent to $245, a solid gain that continues the coin’s momentum.

Elsewhere in the digital currency markets, things were surprisingly flat, with little movement in the top ten coins.

Bitcoin market highlights for the 24 hours ending February 20, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $11,997.20 on the HitBTC exchange at 12:48 pm today. HitBTC saw $59,145,300 of bitcoin change hands.

The lowest price seen was $10,955.20 on OKEx’s exchange at 1:18 pm yesterday. OKEx’s 24 hour volume was $561,142,000.

The average price on the surveyed exchanges, as weighed by volume, was $11,380.57.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 44.6. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 9 different exchanges. It includes only BTC/USD trades and only on those exchanges that had at least 1% of the total volume of BTC/USD trades during the measurement period.