Volcano

Extreme Activity Marks Today’s Block Tribune Volatility Index

Blockchain, Investing, News | November 8, 2017 By:

The digital currency markets have been active today, as the biggest digital currencies have experienced, on average, relatively large fluctuations in price over the past 24 hours.

A notable low volatility outlier was Ripple, which traded between $0.20 and $0.22 today, with an average price of $0.21.

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 pm US Eastern Time and includes digital currencies with the greatest trading volume, as measured in U.S. Dollars.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Bitcoin67.0$7,323.84$3,305,690,000
BitConnect67.0$278.76$22,000,000
Dash60.4$298.39$82,019,600
NEO60.2$26.65$61,858,800
Qtum58.2$11.38$182,671,000
EOS52.3$1.08$32,594,600
Bitcoin Cash51.6$629.47$546,691,000
Zcash50.9$242.55$62,080,900
Monero50.8$101.57$58,789,600
Ethereum Classic49.5$14.06$134,312,000
Ethereum48.1$297.57$581,656,000
Litecoin47.1$61.85$416,821,000
Vertcoin45.8$3.62$13,280,300
Ripple42.1$0.21$99,378,200