Bitcoin is currently down $9.16 (1.98%) in trading against the dollar today. Bitcoin has been as high as $641.5 and as low as $410 over the prior 30 days. This equates to 30 day volatility of 4%. A review of Bitcoin historical prices show that The lightning rod currency has closed higher than this price 27 of the last 30 days. BTC has been up as much as $0.94 today and down as much as $11.06 today.
Litecoin is also having a tough trading day. Litecoin is currently trading at $11.7 per coin. Interday trading has seen prices as high as $11.72 and as low as $11.63. This price is 0.1% lower than yesterday's close price, this pullback comes after a recent 6% run up in price with prices topping out at $21.
In Alt news TekCoin is down 12.5% to $0.07, Argentum is up 13.64% to $0.03, Zetacoin is up 12.5% to $0.04 and NeoCoin is down 10% to $0.01.
Like Bitcion, Tekcoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Tekcoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Tekcoin network is scheduled to produce 84 million currency units. One of the aims of Tekcoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins.
Zetacoin is an open source crypto-currency based on the Bitcoin protocol. It features fast transaction times and fast difficulty adjustments. Initial coin mining is 160 million coins, thereafter a yearly inflation of 1 million coins.