Bitcoin Market Update for May 11, 2017

The 24 hour average across USD Bitcoin markets is US$1830.13, the 7 day average is US$1661.84, and the 30 day average is US$1453.09.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$9837.17, the exchange with the smallest bid/ask spread was hitbtcUSD with a spread of US$0.22, the exchange with the largest bid/ask spread was vcxUSD with a spread of US$1250.0, and the most active exchange was coinbaseUSD with US$15965.7862575 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR1691.27, the 7 day average is EUR1532.54, and the 30 day average is EUR1326.23.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR5528.71, the exchange with the smallest bid/ask spread was itbitEUR with a spread of EUR1.4, the exchange with the largest bid/ask spread was hitbtcEUR with a spread of EUR446.91, and the most active exchange was krakenEUR with EUR19499.7401213 in trades made today.

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

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