Bitcoin Market Update for May 16, 2017

The 24 hour average across USD Bitcoin markets is US$1722.05, the 7 day average is US$1748.34, and the 30 day average is US$1523.90.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$5475.75, the exchange with the smallest bid/ask spread was itbitUSD with a spread of US$0.00999999999999, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$71.98, and the most active exchange was bitstampUSD with US$17809.7751052 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR1595.03, the 7 day average is EUR3009.15, and the 30 day average is EUR1818.47.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR1515.99, the exchange with the smallest bid/ask spread was coinbaseEUR with a spread of EUR0.00999999999999, the exchange with the largest bid/ask spread was bitmarketEUR with a spread of EUR35.9486, and the most active exchange was krakenEUR with EUR13535.9205565 in trades made today.

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

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