Bitcoin Market Update for August 07, 2014

The 24 hour average across USD Bitcoin markets is US$589.78, the 7 day average is US$586.01, and the 30 day average is US$607.96.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$601.94, the exchange with the smallest bid/ask spread was hitbtcUSD with a spread of US$0.38, the exchange with the largest bid/ask spread was vcxUSD with a spread of US$17.74999999, and the most active exchange was btceUSD with US$3655.5067987 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR439.05, the 7 day average is EUR440.35, and the 30 day average is EUR452.09.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR249.16, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR0.97, the exchange with the largest bid/ask spread was vcxEUR with a spread of EUR70.99916037, and the most active exchange was anxhkEUR with EUR800.67842637 in trades made today.

Come back tomorrow for another Bitcoin market summary from Citizen Economists.

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