Bitcoin Market Update for August 23, 2016

The 24 hour average across USD Bitcoin markets is US$586.47, the 7 day average is US$581.51, and the 30 day average is US$597.61.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$2472.97, the exchange with the smallest bid/ask spread was itbitUSD with a spread of US$0.04, the exchange with the largest bid/ask spread was bitcurexUSD with a spread of US$199.0, and the most active exchange was btceUSD with US$8160.56959476 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR516.72, the 7 day average is EUR513.64, and the 30 day average is EUR529.96.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR2127.61, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.36, the exchange with the largest bid/ask spread was hitbtcEUR with a spread of EUR14.97, and the most active exchange was krakenEUR with EUR4043.15403342 in trades made today.

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

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