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Block Tribune Volatility Index – Digital Currency Markets Remain Calm

Investing, News, Uncategorized | November 21, 2017 By:

The digital currency markets have again experienced an average day, as the biggest digital currencies have seen relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was Qtum, which traded between $13.20 and $15.31 today, with an average price of $14.46. On the other end, Vertcoin saw unusually low volatility today. Its range was $3.89 – $5.56 with an average of $4.49.

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 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
Qtum 65.0 $14.46 $170,881,000
Dash 61.4 $485.22 $272,809,000
Ethereum 54.2 $365.05 $1,052,030,000
Litecoin 53.2 $71.10 $240,654,000
NEO 52.6 $35.95 $171,406,000
BitConnect 52.4 $295.20 $24,750,900
Zcash 51.2 $296.80 $82,256,100
Monero 50.5 $137.60 $69,233,500
Ethereum Classic 49.9 $18.08 $191,523,000
Bitcoin 48.5 $8,194.28 $4,439,860,000
Bitcoin Cash 46.8 $1,183.16 $852,206,000
EOS 44.5 $1.95 $55,004,700
Vertcoin 40.1 $4.49 $7,960,550