Bitcoin Market Update for October 24, 2016

The 24 hour average across USD Bitcoin markets is US$655.40, the 7 day average is US$644.89, and the 30 day average is US$631.47.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$1484.1, the exchange with the smallest bid/ask spread was coinbaseUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$50.0, and the most active exchange was bitstampUSD with US$4800.5585085 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR599.97, the 7 day average is EUR588.05, and the 30 day average is EUR566.84.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR449.17, the exchange with the smallest bid/ask spread was coinbaseEUR with a spread of EUR0.11, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR35.7, and the most active exchange was krakenEUR with EUR4468.55352329 in trades made today.

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

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