Legacy Bitcoin Steady, But Bitcoin Cash Roars Toward All-Time High

Investing, News | November 23, 2017 By:

Bitcoin continues to hold above the $8,000 mark in single-coin prices on this US holiday, but the big news is Bitcoin Cash, which is up more than 20 percent in the last 24 hours and is zooming toward its all-time high. Bitcoin Cash is now above the $1,500 single-coin pricing level, aiming toward its $1,800 high-water mark.

Bitcoin market highlights for the 24 hours ending November 23, 2017 at 1:00 pm U.S. Eastern Time

The highest price seen was $8,279.00 on the GDAX exchange at 6:18 pm yesterday. GDAX saw $112,433,000 of bitcoin change hands.

The lowest price seen was $8,085.00 on Bitfinex’s exchange at 5:54 am today. Bitfinex’s 24 hour volume was $245,765,000.

The average price on the surveyed exchanges, as weighed by volume, was $8,187.53.

Volatility was lower than average, with the BlockTribune Volatility Index coming in at 38.2. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 2 different exchanges. It includes only BTC/USD trades and only on those exchanges that had at least 1% of the total volume of BTC/USD trades during the measurement period.