Volcano

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

Investing, News, Uncategorized | 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.

Currency Volatility Index Today’s Average Price Today’s Volume
Litecoin 67.2 $89.36 $439,505,000
Ethereum Classic 65.9 $23.24 $650,136,000
EOS 62.7 $2.63 $125,055,000
Ethereum 58.3 $477.15 $1,460,090,000
BitConnect 54.7 $298.92 $27,621,600
Bitcoin 54.6 $9,527.15 $6,061,390,000
NEO 49.1 $39.56 $87,712,000
Bitcoin Cash 48.2 $1,680.35 $1,925,030,000
Dash 47.5 $632.93 $145,693,000
Qtum 46.9 $14.78 $139,913,000
Monero 46.1 $165.70 $75,587,400
Zcash 45.0 $342.79 $85,057,600
Vertcoin 44.3 $5.45 $13,792,200