Bitcoin And Other Cryptos Take An Early Holiday Break

Investing, News | May 25, 2018 By:

A market lull has hit, as investors apparently were lifting a finger in the air today before the US holiday long weekend. The cryptocurrency market results were mixed, with the top ten coins generally within a two percentage point range, up or down.

Bitcoin has paused at the $7,500 per single coin level as of mid-morning, a less than one percent drop from yesterday’s measure. The lack of activity was welcome after a week that saw its value plummet more than $1,000 and threaten to drop even further.

The rest of the market was sluggish, with ether, EOS and Stellar the lone breakouts to green arrows, but all less than two percent higher.

Bitcoin market highlights for the 24 hours ending May 25, 2018 at 4:57 pm U.S. Eastern Time

The highest price seen was $8,200.00 on the Livecoin exchange at 4:37 am today. Livecoin saw $14,264,300 of bitcoin change hands.

The lowest price seen was $6,841.13 on CoinsBank’s exchange at 3:07 pm today. CoinsBank’s 24 hour volume was $15,831,100.

The average price on the surveyed exchanges, as weighed by volume, was $7,508.59.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 45.0. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 16 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.