Bitcoin Prices Continue The Comeback, While Bitcoin Cash Stalls

Investing, News | November 14, 2017 By:

Bitcoin continued its long climb back today, hitting the $6,700 mark on some exchanges before falling back slightly. Legacy bitcoin suffered a $2,000 single-coin price loss since its $7,900 all-time high, but investors seem ready to get it back to those heights in short order.

Meanwhile, Bitcoin Cash has cooled slightly, sitting at $1,346 this morning, up just percentage points. Its dazzling run – which some believe may be suspicious – has now settled in after an astonishing run of skyrocketing prices.

Bitcoin market highlights for the 24 hours ending November 14, 2017 at 1:00 pm U.S. Eastern Time

The highest price seen was $6,716.84 on the GDAX exchange at 11:00 pm yesterday. GDAX saw $166,321,000 of bitcoin change hands.

The lowest price seen was $6,200.00 on Bitfinex’s exchange at 1:24 pm yesterday. Bitfinex’s 24 hour volume was $413,928,000.

The average price on the surveyed exchanges, as weighed by volume, was $6,531.35.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 46.9. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 3 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.