Bitcoin Market Update for August 28, 2016

The 24 hour average across USD Bitcoin markets is US$578.46, the 7 day average is US$583.66, and the 30 day average is US$587.04.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$5274.23, 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 bitbayUSD with a spread of US$48.96, and the most active exchange was btceUSD with US$3965.8168049 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR512.09, the 7 day average is EUR514.38, and the 30 day average is EUR519.79.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR986.15, the exchange with the smallest bid/ask spread was btceEUR with a spread of EUR0.37398, the exchange with the largest bid/ask spread was rockEUR with a spread of EUR1.55, and the most active exchange was krakenEUR with EUR2197.10801662 in trades made today.

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

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