Bitcoin Market Update for February 01, 2016

The 24 hour average across USD Bitcoin markets is US$376.48, the 7 day average is US$381.68, and the 30 day average is US$405.16.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$1270.32, the exchange with the smallest bid/ask spread was coinbaseUSD with a spread of US$0.03, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$36.5, and the most active exchange was bitfinexUSD with US$22564.0376987 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR346.31, the 7 day average is EUR355.07, and the 30 day average is EUR379.35.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR447.26, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR0.23, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR58.0, and the most active exchange was itbitEUR with EUR685.8091 in trades made today.

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

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