Crypto Markets Dragged Into Red Arrow Territory, But No Rush To Exit
The crypto markets were dragged back into negative territory today in the top ten coins, with a slight price retreat over the last 24 hours bringing a shower of red arrows.
In early trading, bitcoin was down to $6,400, a decline of just over one percent. Trading volume was light, indicating that this isn’t a full-on stampede toward the exits.
Most of the rest of the top ten coins were down about one to two percent, with ether clinging to the $200 level at $203. Litecoin was the lone outlier, showing a tenths of a percentage increase over the last day.
Bitcoin market highlights for the 24 hours ending October 19, 2018 at 1:00 pm US Eastern Tim
The highest price seen was $6,846.10 on the Cryptonex exchange at 1:01 pm yesterday. Cryptonex saw $37,393,005 of bitcoin change hands.
The lowest price seen was $4,889.70 on BitMart’s exchange at 8:31 pm yesterday. BitMart’s 24 hour volume was $26,849,582.
The average price on the surveyed exchanges, as weighed by volume, was $6,446.39.
Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 47.4. A higher number indicates greater price volatility with 50 describing an average day.
These statistics were consolidated from 25 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.
