Bitcoin Market Update for October 29, 2016

The 24 hour average across USD Bitcoin markets is US$710.60, the 7 day average is US$677.30, and the 30 day average is US$646.62.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$3999.22, the exchange with the smallest bid/ask spread was itbitUSD with a spread of US$0.1, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$43.99, and the most active exchange was coinbaseUSD with US$7043.60820077 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR641.11, the 7 day average is EUR620.81, and the 30 day average is EUR584.16.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR810.77, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR1.0, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR25.89, and the most active exchange was krakenEUR with EUR7463.8703381 in trades made today.

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

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