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Litecoin In Flux, Leads Today’s Block Tribune Volatility Index

Investing, News | November 27, 2017 By:

The so-called silver of cryptocurrency, Litecoin, was the big volatility outlier in today’s Block Tribune Volatility Index.

Litecoin, which traded between $81.83 and $96.70 today, with an average price of $89.36, was the biggest price swinger over the last 24 hours on what was generally an average volatility day. On the other end, Vertcoin saw unusually low volatility today. Its range was $5.01 – $5.92 with an average of $5.45.

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
Litecoin67.2$89.36$439,505,000
Ethereum Classic65.9$23.24$650,136,000
EOS62.7$2.63$125,055,000
Ethereum58.3$477.15$1,460,090,000
BitConnect54.7$298.92$27,621,600
Bitcoin54.6$9,527.15$6,061,390,000
NEO49.1$39.56$87,712,000
Bitcoin Cash48.2$1,680.35$1,925,030,000
Dash47.5$632.93$145,693,000
Qtum46.9$14.78$139,913,000
Monero46.1$165.70$75,587,400
Zcash45.0$342.79$85,057,600
Vertcoin44.3$5.45$13,792,200