Bitcoin Drops, But That’s The Best News From The Monday Crypto Market

Investing, News | June 4, 2018 By:

The Monday morning blahs hit the cryptocurrency market today, as most coins were showing red arrows as of mid-morning.

Bitcoin was at the $7,500 mark, down almost three percent over the last 24 hours. But that wasn’t the worse news of the day for investors, as the other top ten coins were down significantly more. Particularly surprising was EOS, which unveiled its first version this weekend, but suffered an eight percent drop in coin price.

Others trending strongly downward are – well, the entire top ten coins, as investors clearly were not in a good mood.

Bitcoin market highlights for the 24 hours ending June 4, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $7,762.02 on the B2BX exchange at 8:43 pm yesterday. B2BX saw $14,026,800 of bitcoin change hands.

The lowest price seen was $7,342.96 on Bibox’s exchange at 8:55 am today. Bibox’s 24 hour volume was $33,876,100.

The average price on the surveyed exchanges, as weighed by volume, was $7,595.87.

Volatility was nearly average, with the BlockTribune Volatility Index coming in at 50.2. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 14 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.