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Qtum, Bitcoin Cash Are Big Movers in Block Tribune Volatility Index

Investing, News | December 18, 2017 By:

The digital currency markets have seen an average day, as the biggest digital currencies have experienced relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was Qtum, which traded between $25.75 and $57.96 today, with an average price of $44.14. Bitcoin Cash also rang up a high volatility day.

On the other end, Stellar saw unusually low volatility today. Its range was $0.25 – $0.28 with an average of $0.27.

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
Qtum 96.0 $44.14 $2,080,160,000
Bitcoin Cash 76.3 $1,933.93 $2,284,560,000
NEO 69.9 $71.65 $562,946,000
Ethereum Classic 65.4 $36.90 $997,179,000
EOS 51.3 $8.44 $473,121,000
Ethereum 50.0 $724.63 $2,604,470,000
Dash 49.7 $1,084.84 $252,235,000
Ripple 49.4 $0.74 $1,021,920,000
IOTA 49.2 $3.90 $478,198,000
Litecoin 48.8 $318.11 $1,292,230,000
Bitcoin 47.9 $18,864.98 $14,116,600,000
TRON 46.1 $0.04 $314,543,000
Cardano 44.0 $0.48 $253,847,000
Verge 41.6 $0.05 $208,976,000
Stellar 37.2 $0.27 $194,628,000