Bitcoin Prices Still In Flux, But Edging Up Slightly

Investing, News | April 11, 2018 By:

The cryptocurrency markets inched up today, reclaiming the percentage points lost yesterday, with wild price spreads on different exchanges again manifesting.  At mid-morning, bitcoin sat at around $6,900 per single coin – depending on which exchange you used to buy, that’s either terrible news or great news.

Ethereum, Cardano, NEO and IOTA had strong gains, but EOS blew up thanks to being added to the Coinexchange crypto platform, up close to 20 percent.

Momentum traders are still waiting on the sidelines for clear signs on which way the winds are blowing. So far, it’s been the Sargasso Sea for them.

Bitcoin market highlights for the 24 hours ending April 11, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $7,659.11 on the Simex exchange at 10:48 am today. Simex saw $38,355,000 of bitcoin change hands.

The lowest price seen was $6,168.52 on Simex’s exchange at 11:42 pm yesterday. Simex’s 24 hour volume was $38,355,000.

The average price on the surveyed exchanges, as weighed by volume, was $6,856.17.

Volatility was lower than average, with the BlockTribune Volatility Index coming in at 39.9. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 10 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.