Bitcoin Prices Down, But Ripple XRP Continues To Boom

Investing, News | December 28, 2017 By:

Bitcoin prices continued to stay in a well-worn trench today. Although single coin prices were down slightly, they are still within the $14,000-$16,000 range that has maintained since the big pre-Christmas crash.

As per usual, most of the other cryptocurrencies were also down today, with Bitcoin Cash and Litecoin retreating double-digits in the last 24-hours.

Once again, the lone outlier in the price parade of top ten of cryptocurrencies was Ripple XRP, which is now up to $1.45, or more than nine percent, over the last 24 hours. Huge momentum created by the Asian market is helping to push it to all-time highs, as are rumors of pending big deals with online retailers and exchanges.

Bitcoin market highlights for the 24 hours ending December 28, 2017 at 1:00 pm U.S. Eastern Time

The highest price seen was $15,561.50 on the OKEx exchange at 9:12 pm yesterday. OKEx saw $333,210,000 of bitcoin change hands.

The lowest price seen was $13,249.80 on Binance’s exchange at 6:06 am today. Binance’s 24 hour volume was $296,015,000.

The average price on the surveyed exchanges, as weighed by volume, was $14,495.76.

Volatility was a bit above average, with the BlockTribune Volatility Index coming in at 55.0. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 11 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.