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Digital Currency Markets Calm in Block Tribune Volatility Index

Investing, News, Uncategorized | 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.

Currency Volatility Index Today’s Average Price Today’s Volume
Litecoin 62.6 $67.77 $540,954,000
NEO 58.2 $29.25 $78,599,700
Bitcoin Cash 55.2 $1,055.52 $3,167,710,000
Zcash 51.1 $295.26 $66,315,800
EOS 50.3 $1.72 $57,451,200
Qtum 48.7 $12.86 $101,836,000
Ethereum Classic 48.2 $17.09 $164,312,000
Monero 48.0 $121.85 $51,883,800
Dash 47.4 $418.86 $98,085,300
Bitcoin 45.2 $7,838.22 $5,234,520,000
BitConnect 43.8 $301.62 $25,051,300
Ethereum 42.5 $330.62 $686,421,000
Vertcoin 39.2 $4.74 $7,165,700