Bitcoin Market Update for August 16, 2016

The 24 hour average across USD Bitcoin markets is US$576.93, the 7 day average is US$586.97, and the 30 day average is US$614.98.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$4069.89, 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 vcxUSD with a spread of US$111.0, and the most active exchange was btceUSD with US$9598.52332275 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR512.40, the 7 day average is EUR522.90, and the 30 day average is EUR545.03.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR2070.99, the exchange with the smallest bid/ask spread was coinbaseEUR with a spread of EUR0.0100000000001, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR141.48, and the most active exchange was krakenEUR with EUR5136.61804432 in trades made today.

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

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