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Ethereum Is Big Mover In Block Tribune Volatility Index

Uncategorized | November 24, 2017 By:

The digital currency markets held steady, as the biggest digital currencies have experienced, on average, relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was Ethereum, which traded between $395.88 and $474.22 today, with an average price of $423.95. On the other end, BitConnect saw unusually low volatility today. Its range was $277.85 – $299.39 with an average of $293.47.

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
Ethereum 75.7 $423.95 $2,109,550,000
Vertcoin 54.1 $3.93 $5,780,800
Ethereum Classic 52.2 $18.74 $287,199,000
Litecoin 52.2 $74.67 $290,595,000
Bitcoin Cash 51.1 $1,658.62 $3,392,020,000
Monero 51.1 $161.63 $75,389,100
Zcash 51.0 $312.04 $105,071,000
EOS 49.1 $1.85 $45,950,300
Qtum 48.9 $13.95 $138,030,000
Dash 48.1 $567.86 $136,940,000
NEO 47.4 $34.94 $72,732,700
Bitcoin 44.0 $8,148.78 $5,057,570,000
BitConnect 43.8 $293.47 $17,931,700