Crypto Rally Continues Sunday – Bitcoin Hits $9,200 Level

Investing, News | April 20, 2018 By:

SUNDAY:  Bitcoin continued climbing on Sunday, but momentum slowed a tad. At mid-morning, single coin prices were a tad more than $9,200.

Bitcoin market highlights for the 24 hours ending April 22, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $9,204.16 on the HitBTC exchange at 7:48 am today. HitBTC saw $53,802,600 of bitcoin change hands.

The lowest price seen was $8,718.83 on Bitstamp’s exchange at 4:54 pm yesterday. Bitstamp’s 24 hour volume was $79,541,600.

The average price on the surveyed exchanges, as weighed by volume, was $8,821.85.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 44.8. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 7 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. 

 

SATURDAY: Call it The Surge. Bitcoin topped the $9,100 mark early this morning, marking its highest price in weeks. It continues the general cryptocurrency rally that began in mid-week, as momentum appears to have suddenly shifted from torpor to a bull market.

Bitcoin market highlights for the 24 hours ending April 21, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $9,136.55 on the HitBTC exchange at 3:36 am today. HitBTC saw $63,681,800 of bitcoin change hands.

The lowest price seen was $8,481.28 on Bitstamp’s exchange at 2:12 pm yesterday. Bitstamp’s 24 hour volume was $157,019,000.

The average price on the surveyed exchanges, as weighed by volume, was $8,732.11.

Volatility was a bit above average, with the BlockTribune Volatility Index coming in at 52.2. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 8 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.

FRIDAY: Momentum was the watchword of the day, as the cryptocurrency market sustained its latest rally for a second straight day. At mid-morning, bitcoin rose to the $8,400 per single coin level, up slightly more than three percent over the last 24 hours.

The big news was Bitcoin Cash’s return over the $1,000 mark. The coin has been showing double-digit growth over the last three days, and is now approaching the $1,100 mark. Also booming:  EOS, which just had a massive airdrop and is up close to 30 percent; and Ripple, up more than 16 percent in a post US-tax day surge.

Bitcoin market highlights for the 24 hours ending April 20, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $8,684.91 on the HitBTC exchange at 8:42 am today. HitBTC saw $54,244,100 of bitcoin change hands.

The lowest price seen was $8,178.56 on Binance’s exchange at 1:06 am today. Binance’s 24 hour volume was $285,631,000.

The average price on the surveyed exchanges, as weighed by volume, was $8,342.35.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 48.2. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 8 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.