Bitcoin Market Update for August 08, 2016

The 24 hour average across USD Bitcoin markets is US$594.76, the 7 day average is US$572.34, and the 30 day average is US$634.86.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$3031.42, 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$129.99, and the most active exchange was btceUSD with US$7903.2300034 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR538.83, the 7 day average is EUR510.27, and the 30 day average is EUR561.36.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR808.46, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.00999999999999, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR38.42, and the most active exchange was krakenEUR with EUR3397.55380314 in trades made today.

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

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