Bitcoin Market Update for August 23, 2014

The 24 hour average across USD Bitcoin markets is US$501.37, the 7 day average is US$493.58, and the 30 day average is US$534.47.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$639.12, the exchange with the smallest bid/ask spread was hitbtcUSD with a spread of US$0.81, the exchange with the largest bid/ask spread was krakenUSD with a spread of US$34.98557, and the most active exchange was bitfinexUSD with US$10559.7698628 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR386.44, the 7 day average is EUR377.91, and the 30 day average is EUR410.76.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR642.92, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.61998, the exchange with the largest bid/ask spread was bitcurexEUR with a spread of EUR13.98, and the most active exchange was anxhkEUR with EUR1130.52553476 in trades made today.

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

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