Wild Market Swings In Today’s Block Tribune Volatility Indexbr>
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.
|Currency||Volatility Index||Today’s Average Price||Today’s Volume|