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Digital Currency Markets Calm in Block Tribune Volatility Index

Investing, News | November 17, 2017 By:

The digital currency markets calmed today, as the biggest digital currencies had relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was Litecoin, which traded between $62.16 and $74.88 today, with an average price of $67.77. On the other end, Vertcoin saw unusually low volatility today. Its range was $4.72 – $5.45 with an average of $4.74.

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 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
Litecoin62.6$67.77$540,954,000
NEO58.2$29.25$78,599,700
Bitcoin Cash55.2$1,055.52$3,167,710,000
Zcash51.1$295.26$66,315,800
EOS50.3$1.72$57,451,200
Qtum48.7$12.86$101,836,000
Ethereum Classic48.2$17.09$164,312,000
Monero48.0$121.85$51,883,800
Dash47.4$418.86$98,085,300
Bitcoin45.2$7,838.22$5,234,520,000
BitConnect43.8$301.62$25,051,300
Ethereum42.5$330.62$686,421,000
Vertcoin39.2$4.74$7,165,700