Bitcoin’s Bull Run Continues, Lifting Most of Cryptocurrency Market

Investing, News | December 12, 2017 By:

Bitcoin continued its upward climb today. As of this morning, single-coin prices were around the $17,000 level, with momentum strong on this latest bull run. The BTCC exchange had it at $19,400, which would be an all-time high.

The bitcoin effect is having an impact on other lesser-priced cryptocurrencies as well, causing some amazing surges in value that are lifting coins that were in the doldrums to new heights.

Bitcoin market highlights for the 24 hours ending December 12, 2017 at 1:00 pm U.S. Eastern Time

The highest price seen was $19,400.00 on the BTCC exchange at 5:42 pm yesterday. BTCC saw $310,112,000 of bitcoin change hands.

The lowest price seen was $15,656.20 on OKEx’s exchange at 10:36 am today. OKEx’s 24 hour volume was $242,251,000.

The average price on the surveyed exchanges, as weighed by volume, was $16,846.87.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 49.3. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 5 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.