Bitcoin Takes A Breather After Strong Weekend – EOS Down Double Digitsbr>
The cryptocurrency market is taking a breather today after a strong run-up. Bitcoin is holding in the $9,300 range at mid-morning after rising as high as $9,500. The elusive $10,000 barrier is in sight, but the march towards it keeps getting stalled by nervous investor pullbacks.
The rest of the cryptocurrency markets reflect the uncertain atmosphere. Most of the top ten coins were down a few percentage points, with EOS the lone exception. That coin retreated more than 11 percent, a dip after its bull run of the last month.
Overall, April was relatively strong for cryptocurrencies, particularly in the last half of the month. It was welcome good news after the doom plunge at the beginning of the year that saw the market more than halved.
Bitcoin market highlights for the 24 hours ending April 30, 2018 at 1:00 pm U.S. Eastern Time
The highest price seen was $9,523.38 on the HitBTC exchange at 11:06 pm yesterday. HitBTC saw $65,201,800 of bitcoin change hands.
The lowest price seen was $9,104.55 on Simex’s exchange at 4:48 am today. Simex’s 24 hour volume was $47,984,200.
The average price on the surveyed exchanges, as weighed by volume, was $9,317.98.
Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 45.4. A higher number indicates greater price volatility with 50 describing an average day.
These statistics were consolidated from 9 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.