Bitcoin Market Update for August 31, 2014

The 24 hour average across USD Bitcoin markets is US$486.14, the 7 day average is US$500.67, and the 30 day average is US$516.63.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$601.57, the exchange with the smallest bid/ask spread was bitkonanUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was vcxUSD with a spread of US$25.0, and the most active exchange was btceUSD with US$44204.2604974 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR370.99, the 7 day average is EUR384.81, and the 30 day average is EUR396.75.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR1123.86, the exchange with the smallest bid/ask spread was justEUR with a spread of EUR0.317, the exchange with the largest bid/ask spread was bitaloEUR with a spread of EUR29.0, and the most active exchange was hitbtcEUR with EUR1164.32 in trades made today.

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

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