Extreme Activity Marks Today’s Block Tribune Volatility Index

Blockchain, Investing, News, Uncategorized | 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.

Currency Volatility Index Today’s Average Price Today’s Volume
Bitcoin 67.0 $7,323.84 $3,305,690,000
BitConnect 67.0 $278.76 $22,000,000
Dash 60.4 $298.39 $82,019,600
NEO 60.2 $26.65 $61,858,800
Qtum 58.2 $11.38 $182,671,000
EOS 52.3 $1.08 $32,594,600
Bitcoin Cash 51.6 $629.47 $546,691,000
Zcash 50.9 $242.55 $62,080,900
Monero 50.8 $101.57 $58,789,600
Ethereum Classic 49.5 $14.06 $134,312,000
Ethereum 48.1 $297.57 $581,656,000
Litecoin 47.1 $61.85 $416,821,000
Vertcoin 45.8 $3.62 $13,280,300
Ripple 42.1 $0.21 $99,378,200