Bitcoin Market Update for May 22, 2016

The 24 hour average across USD Bitcoin markets is US$443.03, the 7 day average is US$451.08, and the 30 day average is US$455.13.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$45061.97, the exchange with the smallest bid/ask spread was bitfinexUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitcurexUSD with a spread of US$39.2999, and the most active exchange was bitfinexUSD with US$7373.84837814 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR392.78, the 7 day average is EUR399.27, and the 30 day average is EUR399.66.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR788.86, the exchange with the smallest bid/ask spread was coinbaseEUR with a spread of EUR0.02, the exchange with the largest bid/ask spread was bitcurexEUR with a spread of EUR12.7791, and the most active exchange was krakenEUR with EUR4688.33532969 in trades made today.

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

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