Bitcoin Market Update for February 08, 2017

The 24 hour average across USD Bitcoin markets is US$1048.26, the 7 day average is US$1025.35, and the 30 day average is US$910.01.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$4423.15, the exchange with the smallest bid/ask spread was itbitUSD with a spread of US$0.15, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$18.64, and the most active exchange was bitstampUSD with US$10586.5884735 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR984.75, the 7 day average is EUR957.32, and the 30 day average is EUR856.14.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR1773.71, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.0329999999999, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR29.94, and the most active exchange was krakenEUR with EUR11585.8218771 in trades made today.

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

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