Bitcoin Holds Steady As EOS, Litecoin Surge Higher

Bitcoin Holds Steady As EOS, Litecoin Surge Higher

Investing, News | April 17, 2018 br>
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Bitcoin stabilized a bit today, holding around the $8,000 per single coin level this morning after a brief rally and plunge to begin the week. While the news isn’t fantastic, it helps to establish a baseline for the sustained rally that many predict in the next two months.

EOS continued to surge, as its airdrop on April 15 resonated with the market this morning and boosted it more than 12 percent in early trading. Similarly, Cardano sustained its rally of yesterday, bolstered by news that it has been added to the Huobi exchange. Litecoin managed to stay ahead on the market cap charts, though, as the digital coin was just added to the Korbit exchange.

Bitcoin market highlights for the 24 hours ending April 17, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $8,407.29 on the HitBTC exchange at 3:18 am today. HitBTC saw $47,077,200 of bitcoin change hands.

The lowest price seen was $7,845.00 on Simex’s exchange at 4:24 pm yesterday. Simex’s 24 hour volume was $41,861,900.

The average price on the surveyed exchanges, as weighed by volume, was $8,058.21.

Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 42.5. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 10 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.

 

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