Bitcoin Prices Slightly Up on Christmas Morning; Other Cryptocurrencies Followbr>
The bitcoin comeback from its sudden retreat last week continued this morning, although the see-saw action seems to change every day. Christmas morning was good news, as bitcoin’s single-coin price was up seven percent, holding just over the $14,000 per single coin level.
On Sunday, coin prices retreated a bit after a brief rally on Saturday. Bitcoin’s went as low as $11,800 on at least one exchange before bouncing off that bottom to about $13,800 at mid-day.
Bitcoin market highlights for the 24 hours ending December 25, 2017 at 1:00 pm U.S. Eastern Time
The lowest price seen was $12,102.00 on Bitfinex’s exchange at 2:18 pm yesterday. Bitfinex’s 24 hour volume was $679,676,000.
The average price on the surveyed exchanges, as weighed by volume, was $13,502.32.
Volatility was nearly average, with the BlockTribune Volatility Index coming in at 50.8. A higher number indicates greater price volatility with 50 describing an average day.
These statistics were consolidated from 11 different exchanges. It includes only BTC/USD trades and only on those exchanges that had at least 1% of the total volume of BTC/USD trades during the measurement period.