Bitcoin Market Update for February 29, 2016

The 24 hour average across USD Bitcoin markets is US$439.47, the 7 day average is US$430.23, and the 30 day average is US$405.93.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$2690.52, the exchange with the smallest bid/ask spread was coinbaseUSD with a spread of US$0.0700000000001, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$49.63, and the most active exchange was bitfinexUSD with US$19584.2838377 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR399.70, the 7 day average is EUR390.20, and the 30 day average is EUR364.96.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR1549.6, the exchange with the smallest bid/ask spread was hitbtcEUR with a spread of EUR0.00999999999999, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR45.63, and the most active exchange was itbitEUR with EUR889.7504 in trades made today.

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

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