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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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Bitcoin87.3$14,525.16$17,584,200,000
BitConnect78.6$382.62$36,554,700
EOS72.0$4.19$179,001,000
Qtum68.8$13.40$262,541,000
Vertcoin68.8$8.88$48,201,600
Monero58.8$291.08$318,136,000
Dash57.5$714.11$258,384,000
Litecoin52.9$99.22$654,256,000
NEO50.9$35.42$128,814,000
Zcash49.6$311.07$134,332,000
Ethereum48.6$431.50$2,241,860,000
Bitcoin Cash47.9$1,305.98$1,341,170,000
Ethereum Classic47.7$29.14$471,330,000