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Cryptocurrency Volatility Calm on Block Tribune Index

Blockchain, Investing, News | December 28, 2017 By:

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

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 volatility indices use their own data as a reference point. So, for example, if BCH was dramatically up and down over the past 24 hours, but for the month prior to that it was very flat, the index would be very high. The reverse is also true — if it was dramatically up and down over the prior month but flat today, the index would be extremely low.

The index values can’t be directly compared to each other because they don’t use the same baseline data.

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 1:00 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
Binance Coin59.2$8.95$98,319,300
Bitcoin Cash52.6$2,523.55$2,401,300,000
Bitcoin55.4$14,513.48$12,145,800,000
Dash53.9$1,080.66$173,162,000
EOS56.1$10.43$505,226,000
Ethereum Classic54.0$32.42$310,212,000
Ethereum49.8$745.72$2,309,270,000
Hshare68.9$32.39$233,254,000
IOTA47.0$3.58$216,038,000
Litecoin50.7$257.64$1,730,370,000
Monero52.3$425.10$163,404,000
Nxt71.6$1.09$508,459,000
Qtum51.7$55.03$797,647,000
Ripple55.0$1.39$3,470,790,000
Verge46.5$0.13$399,351,000