Bitcoin Market Update for August 22, 2016

The 24 hour average across USD Bitcoin markets is US$587.84, the 7 day average is US$580.10, and the 30 day average is US$599.82.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$3056.01, the exchange with the smallest bid/ask spread was bitfinexUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitcurexUSD with a spread of US$418.9999, and the most active exchange was btceUSD with US$8752.96026747 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR518.24, the 7 day average is EUR512.82, and the 30 day average is EUR531.80.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR2110.19, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.302, the exchange with the largest bid/ask spread was bitcurexEUR with a spread of EUR33.7953, and the most active exchange was krakenEUR with EUR3485.64031482 in trades made today.

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

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