Bitcoin Price Holds, But Damaged Crypto Markets Continue To Staggerbr>
The markets continued sorting through the rubble of last weekend’s dramatic price plunge today, with most of the top ten coins flat or slightly down.
Bitcoin was still at the $6,700 per single coin mark at mid-morning, about where it sat yesterday. Investors were hoping that’s the floor, but some pundits indicate that a break downward – even a steep decline – remains a strong possibility. Meanwhile, the market enters the summer down about 60 percent from last year’s highs, with little signs of life.
Bitcoin market highlights for the 24 hours ending June 12, 2018 at 1:00 pm US Eastern Time
The highest price seen was $7,814.66 on the Trade By Trade exchange at 10:01 pm yesterday. Trade By Trade saw $11,301,000 of bitcoin change hands.
The lowest price seen was $6,663.86 on B2BX’s exchange at 2:37 pm yesterday. B2BX’s 24 hour volume was $12,697,600.
The average price on the surveyed exchanges, as weighed by volume, was $6,836.12.
Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 45.2. A higher number indicates greater price volatility with 50 describing an average day.
These statistics were consolidated from 16 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.