Bitcoin Continues To Take Up Elevator – Litecoin, Bitcoin Cash Also Gaining

Investing, News | September 4, 2018 By:

Bitcoin continues to surge as the US returns from a long holiday weekend. As of early morning on Tuesday, bitcoin sits above the $7,300 mark, up more than one percent in the last 24 hours and seemingly gaining momentum.

Elsewhere, Litecoin and Bitcoin Cash continue to gain. BCC is undergoing a user-driven stress test as it seeks to increase its real-world monetization, and Litecoin’s community may be doing something similar. Both have awakened after several weeks of torpor.

Bitcoin market highlights for the 24 hours ending September 4, 2018 at 1:00 pm US Eastern Time

The highest price seen was $7,518.70 on the Cryptonex exchange at 9:01 am today. Cryptonex saw $20,295,899 of bitcoin change hands.

The lowest price seen was $7,046.61 on Cryptonex’s exchange at 12:37 am today. Cryptonex’s 24 hour volume was $20,295,899.

The average price on the surveyed exchanges, as weighed by volume, was $7,302.57.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 42.3. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 19 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.