Bitcoin Market Update for August 31, 2016

The 24 hour average across USD Bitcoin markets is US$578.49, the 7 day average is US$580.30, and the 30 day average is US$580.04.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$3956.02, the exchange with the smallest bid/ask spread was btceUSD with a spread of US$0.00299999999993, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$77.99, and the most active exchange was btceUSD with US$5898.99780941 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR515.60, the 7 day average is EUR513.71, and the 30 day average is EUR514.73.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR406.87, 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 hitbtcEUR with a spread of EUR20.69, and the most active exchange was krakenEUR with EUR2799.85991481 in trades made today.

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

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