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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.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
Qtum96.0$44.14$2,080,160,000
Bitcoin Cash76.3$1,933.93$2,284,560,000
NEO69.9$71.65$562,946,000
Ethereum Classic65.4$36.90$997,179,000
EOS51.3$8.44$473,121,000
Ethereum50.0$724.63$2,604,470,000
Dash49.7$1,084.84$252,235,000
Ripple49.4$0.74$1,021,920,000
IOTA49.2$3.90$478,198,000
Litecoin48.8$318.11$1,292,230,000
Bitcoin47.9$18,864.98$14,116,600,000
TRON46.1$0.04$314,543,000
Cardano44.0$0.48$253,847,000
Verge41.6$0.05$208,976,000
Stellar37.2$0.27$194,628,000