Bitcoin Market Update for May 24, 2016

The 24 hour average across USD Bitcoin markets is US$450.45, the 7 day average is US$448.30, and the 30 day average is US$454.74.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$4107.71, the exchange with the smallest bid/ask spread was coinbaseUSD with a spread of US$0.06, the exchange with the largest bid/ask spread was bitcurexUSD with a spread of US$30.2999, and the most active exchange was bitfinexUSD with US$8977.23664401 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR397.99, the 7 day average is EUR397.34, and the 30 day average is EUR399.18.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR842.25, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.084, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR20.3, and the most active exchange was krakenEUR with EUR6496.01656618 in trades made today.

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

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