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Block Tribune Volatility Index – Digital Currency Markets Remain Calm

Investing, News | 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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Qtum65.0$14.46$170,881,000
Dash61.4$485.22$272,809,000
Ethereum54.2$365.05$1,052,030,000
Litecoin53.2$71.10$240,654,000
NEO52.6$35.95$171,406,000
BitConnect52.4$295.20$24,750,900
Zcash51.2$296.80$82,256,100
Monero50.5$137.60$69,233,500
Ethereum Classic49.9$18.08$191,523,000
Bitcoin48.5$8,194.28$4,439,860,000
Bitcoin Cash46.8$1,183.16$852,206,000
EOS44.5$1.95$55,004,700
Vertcoin40.1$4.49$7,960,550