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Wild Market Swings In Today’s Block Tribune Volatility Index

Blockchain, Investing, News | November 13, 2017 By:

The digital currency markets have provided a wild ride today, as the biggest digital currencies have experienced, on average, unusually large fluctuations in price over the past 24 hours.

A notable high volatility outlier was BitConnect, which traded between $210.61 and $259.40 today, with an average price of $237.13. On the other end, Vertcoin saw unusually low volatility today. Its range was $4.18 – $4.51 with an average of $4.37.

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
BitConnect88.8$237.13$18,318,100
Bitcoin79.0$6,179.36$6,783,560,000
Dash65.9$441.25$433,403,000
Zcash65.0$270.95$135,054,000
Bitcoin Cash61.2$1,305.56$5,130,310,000
Monero57.5$127.35$126,497,000
EOS57.2$1.15$22,574,300
Ethereum Classic54.5$15.81$390,267,000
NEO52.9$27.81$44,908,100
Litecoin50.1$60.43$282,328,000
Ethereum49.9$315.79$1,219,210,000
Qtum45.0$11.31$75,127,200
Vertcoin42.5$4.37$21,064,800