Crypto Markets Down Slightly, But Appear To Be Holding Steady

Investing, News | September 17, 2018 By:

Bitcoin and the rest of the cryptocurrency market continued its erratic pattern today, down slightly after a brief weekend surge.

As of early morning, bitcoin stood at the $6,300 mark, down about two percent from its close at the end of last week on light trading volume.

While the rest of the market was also down, the good news so far is that movement isn’t drastic. Ether, which has lately rocketed up from its $168 low-water mark, still sits at $214, a healthy increase in just a week. Similarly, Litecoin continues to cling to the $54 level, down about three percent over 24 hours but holding in a steady range.

Bitcoin market highlights for the 24 hours ending September 17, 2018 at 2:17 pm US Eastern Time

The highest price seen was $6,652.86 on the Cryptonex exchange at 8:43 pm yesterday. Cryptonex saw $18,262,728 of bitcoin change hands.

The lowest price seen was $6,005.59 on CoinsBank’s exchange at 12:25 pm today. CoinsBank’s 24 hour volume was $13,832,446.

The average price on the surveyed exchanges, as weighed by volume, was $6,452.91.

Volatility was a bit above average, with the BlockTribune Volatility Index coming in at 52.0. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 21 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.