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Bitcoin Swings Wildly In Today’s Block Tribune Volatility Index

Investing, News | December 7, 2017 By:

The digital currency markets have been in an uproar over the last 24 hours, with bitcoin leading the unusually large fluctuations in price.

Bitcoin traded between $12,760.10 and $18,775.00 today, with an average price of $14,525.16. On the other end, Ethereum Classic saw unusually low volatility today. Its range was $22.28 – $52.53 with an average of $29.14.

Our proprietary Block Tribune Volatility Index is a measure of daily price variability compared with variability over the prior 30 days. 50 indicates an average day. Greater scores indicate a wider range of trade prices while lesser scores indicate a relatively flat trading period.

The data below was compiled on a per-currency basis using reports from the exchanges that saw 1% or more of the total trade volume for that currency. It is as of 2:00 p.m. US Eastern Time and includes the digital currencies with the greatest trading volume, as measured in U.S. Dollars.

Currency Volatility Index Today’s Average Price Today’s Volume
Bitcoin 87.3 $14,525.16 $17,584,200,000
BitConnect 78.6 $382.62 $36,554,700
EOS 72.0 $4.19 $179,001,000
Qtum 68.8 $13.40 $262,541,000
Vertcoin 68.8 $8.88 $48,201,600
Monero 58.8 $291.08 $318,136,000
Dash 57.5 $714.11 $258,384,000
Litecoin 52.9 $99.22 $654,256,000
NEO 50.9 $35.42 $128,814,000
Zcash 49.6 $311.07 $134,332,000
Ethereum 48.6 $431.50 $2,241,860,000
Bitcoin Cash 47.9 $1,305.98 $1,341,170,000
Ethereum Classic 47.7 $29.14 $471,330,000