Wary Investors Keep Crypto Markets Stalled

Investing, News | September 7, 2017 By:

Investors took a deep breath today, as cryptocurrency prices generally stalled across the board in Thursday trading. Major storms, world conflicts, and regulatory scrutiny may have the markets wary, at least for today.

At mid-day, legacy bitcoin (BTC) was near the $4,600 level, down a few percentage points, while ethereum’s ether was down just over one-and-a-half percent to $327. Bitcoin Cash (BCC) was up to $646, a slight rise from yesterday.

Litecoin ($78), Dash ($348) and Monero ($118) were all down less than two percent, while Ripple XRP was up percentage points to $0.264069.

The Block Tribune Volatility Index, which measures price fluctuations in BTC, was at BTVI 45.2 for the 24-hour period, indicating below-average price swings.

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TODAY’S 24-HOUR BITCOIN STATISTICS

Bitcoin market highlights for the 24 hours ending September 7, 2017 at 3:00 pm U.S. Eastern Time

The highest price seen was $4,898.85 on the LakeBTC exchange at 10:12 am today. LakeBTC saw $22,569,300 of bitcoin change hands.

The lowest price seen was $4,453.25 on Poloniex’s exchange at 10:12 pm yesterday. Poloniex’s 24 hour volume was $29,857,300.

The average price on the surveyed exchanges, as weighed by volume, was $4,590.25.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 45.2. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 10 different exchanges. It includes only USD/BTC trades and only on those exchanges that had at least 1% of the total volume of USD/BTC trades during the measurement period.