Bitcoin Market Update for January 31, 2017

The 24 hour average across USD Bitcoin markets is US$952.42, the 7 day average is US$929.39, and the 30 day average is US$910.42.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$5237.9, the exchange with the smallest bid/ask spread was krakenUSD with a spread of US$0.0, the exchange with the largest bid/ask spread was bitkonanUSD with a spread of US$45.71, and the most active exchange was bitstampUSD with US$10713.9075391 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR887.85, the 7 day average is EUR862.66, and the 30 day average is EUR870.29.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR1572.81, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR1.559, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR28.36, and the most active exchange was krakenEUR with EUR9244.93074916 in trades made today.

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

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