Bitcoin Market Update for May 23, 2016

The 24 hour average across USD Bitcoin markets is US$446.83, the 7 day average is US$449.29, and the 30 day average is US$454.98.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$1850.46, the exchange with the smallest bid/ask spread was coinbaseUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$59.98, and the most active exchange was bitfinexUSD with US$8023.04595691 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR394.11, the 7 day average is EUR397.83, and the 30 day average is EUR399.44.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR824.82, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR0.25, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR23.64, and the most active exchange was krakenEUR with EUR7108.68697844 in trades made today.

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

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