Bitcoin Market Update for October 22, 2016

The 24 hour average across USD Bitcoin markets is US$649.16, the 7 day average is US$642.46, and the 30 day average is US$628.61.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$1457.9, the exchange with the smallest bid/ask spread was itbitUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$38.0, and the most active exchange was btceUSD with US$5263.5002713 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR596.01, the 7 day average is EUR584.40, and the 30 day average is EUR563.35.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR445.43, the exchange with the smallest bid/ask spread was coinbaseEUR with a spread of EUR0.00999999999999, the exchange with the largest bid/ask spread was vcxEUR with a spread of EUR97.0, and the most active exchange was krakenEUR with EUR6367.64867215 in trades made today.

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

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