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Litecoin Making Its Move In Block Tribune Volatility Index

Investing, News | December 11, 2017 By:

Litecoin is making its move. The digital currency markets may have seen skyrocketing prices, but the “silver” of cryptocurrency is finally awakening, no doubt driven by the unusual number of new investors pouring into the market.

Litecoin traded between $134.12 and $208.03 today, with an average price of $167.59. On the other end, Bitcoin Cash saw unusually low volatility today. Its range was $1,252.67 – $1,429.37 with an average of $1353.77.

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 2:00 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
Litecoin77.8$167.59$1,963,740,000
Qtum71.6$12.82$214,664,000
Vertcoin60.9$8.53$26,864,100
Bitcoin60.3$16,167.29$11,879,400,000
EOS57.9$4.07$143,115,000
Ethereum55.2$462.81$1,429,070,000
Monero53.6$263.50$137,773,000
Dash52.0$725.55$179,415,000
Zcash51.2$309.75$114,961,000
Ethereum Classic50.9$28.37$427,598,000
NEO48.3$35.19$73,129,600
BitConnect48.0$378.93$38,627,800
Bitcoin Cash46.7$1,353.77$935,109,000