Bitcoin Holds at $4,100, Other Cryptos Down Slightly

Investing, News | September 28, 2017 By:

Bitcoin held at the $4,100 level today at mid-day, perhaps indicating some breath-taking by investors before the next run-up.  Legacy bitcoin (BTC) was down percentage points after gaining $700 in the last week.

As usual, other cryptocurrencys followed the leader. Ethereum’s ether was back below $300, down to $296, a loss of more than two percent. Litecoin was down to $48, a drop of more than three percent while Ripple XRP was at $0.196932, down nearly four percent after a solid gain on Wednesday.

Bitcoin Cash (BCC) was at $455, down two percent, while Dash ($337) and Monero ($96) both dipped about three percent,

The Block Tribune Volatility Index, which measures price swings in bitcoin, reflected the torpor. It was down to BTVI 42.3, indicating a well below-average day over the last 24 hours.


Bitcoin market highlights for the 24 hours ending September 28, 2017 at 3:00 pm U.S. Eastern Time.

The highest price seen was $4,300.00 on the BTCC exchange at 10:42 pm yesterday. BTCC saw $17,918,200 of bitcoin change hands.

The lowest price seen was $4,091.44 on Bittrex’s exchange at 11:00 am today. Bittrex’s 24 hour volume was $33,999,000.

The average price on the surveyed exchanges, as weighed by volume, was $4,199.76.

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 9 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.