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Cryptocurrency Markets Showing High Flux in Block Tribune Volatility Index

Investing, News | December 15, 2017 By:

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

A notable high volatility outlier was Qtum, which traded between $16.32 and $31.96 today, with an average price of $21.50. On the other end, Stellar saw unusually low volatility today. Its range was $0.16 – $0.21 with an average of $0.19.

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 2:00 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 84.5 $21.50 $967,585,000
EOS 66.6 $8.02 $693,736,000
Zcash 62.9 $475.97 $273,296,000
NEO 60.7 $47.06 $229,256,000
Bitcoin Cash 60.3 $1,763.75 $1,480,170,000
Litecoin 59.1 $280.55 $2,702,180,000
Bitcoin 58.0 $17,324.09 $15,063,200,000
Ripple 57.7 $0.79 $4,384,100,000
Ethereum 54.4 $672.95 $2,987,530,000
IOTA 51.0 $3.78 $631,839,000
Ethereum Classic 50.0 $30.94 $486,840,000
Monero 49.6 $308.31 $185,882,000
Bitcoin Gold 44.9 $302.93 $188,822,000
Cardano 42.6 $0.21 $300,805,000
Stellar 42.1 $0.19 $393,362,000