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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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Qtum84.5$21.50$967,585,000
EOS66.6$8.02$693,736,000
Zcash62.9$475.97$273,296,000
NEO60.7$47.06$229,256,000
Bitcoin Cash60.3$1,763.75$1,480,170,000
Litecoin59.1$280.55$2,702,180,000
Bitcoin58.0$17,324.09$15,063,200,000
Ripple57.7$0.79$4,384,100,000
Ethereum54.4$672.95$2,987,530,000
IOTA51.0$3.78$631,839,000
Ethereum Classic50.0$30.94$486,840,000
Monero49.6$308.31$185,882,000
Bitcoin Gold44.9$302.93$188,822,000
Cardano42.6$0.21$300,805,000
Stellar42.1$0.19$393,362,000