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Ethereum Is Big Mover In Block Tribune Volatility Index

News | 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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Ethereum75.7$423.95$2,109,550,000
Vertcoin54.1$3.93$5,780,800
Ethereum Classic52.2$18.74$287,199,000
Litecoin52.2$74.67$290,595,000
Bitcoin Cash51.1$1,658.62$3,392,020,000
Monero51.1$161.63$75,389,100
Zcash51.0$312.04$105,071,000
EOS49.1$1.85$45,950,300
Qtum48.9$13.95$138,030,000
Dash48.1$567.86$136,940,000
NEO47.4$34.94$72,732,700
Bitcoin44.0$8,148.78$5,057,570,000
BitConnect43.8$293.47$17,931,700