Bitcoin Market Update for May 29, 2016

The 24 hour average across USD Bitcoin markets is US$529.95, the 7 day average is US$490.19, and the 30 day average is US$468.79.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$1703.65, the exchange with the smallest bid/ask spread was btceUSD with a spread of US$0.03, the exchange with the largest bid/ask spread was bitcurexUSD with a spread of US$148.9999, and the most active exchange was bitfinexUSD with US$82217.8972476 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR472.36, the 7 day average is EUR427.73, and the 30 day average is EUR408.44.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR425.92, the exchange with the smallest bid/ask spread was rockEUR with a spread of EUR0.01, the exchange with the largest bid/ask spread was hitbtcEUR with a spread of EUR16.47, and the most active exchange was krakenEUR with EUR11606.0024285 in trades made today.

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

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