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.

Currency Volatility Index Today’s Average Price Today’s Volume
Bitcoin Cash 75.8 $542.20 $1,525,030,000
Bitcoin 68.5 $6,869.24 $4,369,690,000
BitConnect 68.3 $256.09 $24,081,300
NEO 63.4 $25.48 $73,800,700
Dash 60.5 $267.12 $70,210,300
Ethereum 56.3 $290.17 $873,613,000
Vertcoin 55.0 $4.19 $45,635,800
Ethereum Classic 54.9 $10.36 $40,916,800
EOS 53.9 $1.05 $113,370,000
Zcash 53.3 $220.66 $51,361,200
Qtum 53.1 $9.91 $53,055,600
Litecoin 51.8 $52.98 $187,339,000
Monero 50.9 $84.20 $51,221,600
Ripple 42.0 $0.19 $164,810,000