Bitcoin Market Update for January 27, 2015

The 24 hour average across USD Bitcoin markets is US$260.59, the 7 day average is US$255.05, and the 30 day average is US$241.10.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$377.49, the exchange with the smallest bid/ask spread was hitbtcUSD with a spread of US$0.04, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$42.0, and the most active exchange was bitfinexUSD with US$70081.4775729 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR232.43, the 7 day average is EUR222.72, and the 30 day average is EUR213.25.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR806.67, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR0.05, the exchange with the largest bid/ask spread was vcxEUR with a spread of EUR125.99869717, and the most active exchange was krakenEUR with EUR5082.93652027 in trades made today.

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

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