Bitcoin Market Update for May 17, 2017

The 24 hour average across USD Bitcoin markets is US$1803.46, the 7 day average is US$1757.85, and the 30 day average is US$1540.19.

Among active exchanges, the most volatile exchange of the day was localbtcUSD with a range between high and low trades of US$5669.63, the exchange with the smallest bid/ask spread was krakenUSD with a spread of US$0.00199999999995, the exchange with the largest bid/ask spread was vcxUSD with a spread of US$1195.0, and the most active exchange was bitstampUSD with US$17408.1739527 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR1658.69, the 7 day average is EUR3057.98, and the 30 day average is EUR1821.15.

Among active exchanges, the most volatile exchange of the day was localbtcEUR with a range between high and low trades of EUR2209.53, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR1.242, the exchange with the largest bid/ask spread was bitmarketEUR with a spread of EUR48.2171, and the most active exchange was krakenEUR with EUR16182.9136899 in trades made today.

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

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