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Digital Currency Markets Quiet in Today’s Block Tribune Volatility Report

Investing, News | November 9, 2017 By:

The biggest digital currencies have experienced, on average, relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was Dash, which traded between $299.22 and $353.97 today, with an average price of $323.44. On the other end, Ripple saw unusually low volatility today. Its range was $0.21 – $0.23 with an average of $0.22.

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
Dash67.0$323.44$126,197,000
Zcash65.0$252.49$89,785,000
Monero59.9$114.80$96,532,400
Ethereum58.1$316.46$1,236,320,000
Bitcoin Cash53.4$625.73$770,794,000
NEO53.3$31.97$134,662,000
EOS52.6$1.16$31,076,000
Bitcoin52.1$7,269.04$4,363,460,000
BitConnect51.3$278.77$23,089,000
Ethereum Classic50.3$14.12$143,012,000
Qtum50.3$12.01$134,664,000
Vertcoin50.0$4.94$46,909,300
Litecoin47.2$62.90$297,522,000
Ripple41.7$0.22$205,584,000