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Block Tribune Digital Currency Volatility Index

Investing, News | November 2, 2017 By:

The digital currency markets have been unusually frothy today, as the biggest digital currencies have experienced, on average, unusually large fluctuations in price over the past 24 hours.

A notable high volatility outlier was Bitcoin Cash, which traded between 483.39200000 and 609.37400000 today, with an average price of 542.20.

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 3:00 pm US Eastern Time and includes the 15 digital currencies with the greatest trading volume, as measured in U.S. Dollars.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Bitcoin Cash75.8$542.20$1,525,030,000
Bitcoin68.5$6,869.24$4,369,690,000
BitConnect68.3$256.09$24,081,300
NEO63.4$25.48$73,800,700
Dash60.5$267.12$70,210,300
Ethereum56.3$290.17$873,613,000
Vertcoin55.0$4.19$45,635,800
Ethereum Classic54.9$10.36$40,916,800
EOS53.9$1.05$113,370,000
Zcash53.3$220.66$51,361,200
Qtum53.1$9.91$53,055,600
Litecoin51.8$52.98$187,339,000
Monero50.9$84.20$51,221,600
Ripple42.0$0.19$164,810,000