Bitcoin Market Update for May 12, 2020

The 24 hour average across USD Bitcoin markets is US$8831.50, the 7 day average is US$9161.70, and the 30 day average is US$8336.82.

Among active exchanges, the most volatile exchange of the day was bitflyerUSD with a range between high and low trades of US$384.85, the exchange with the smallest bid/ask spread was krakenUSD with a spread of US$3.2, the exchange with the largest bid/ask spread was bitkonanUSD with a spread of US$572.14, and the most active exchange was bitstampUSD with US$14001.7443573 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR8139.99, the 7 day average is EUR8457.27, and the 30 day average is EUR7647.61.

Among active exchanges, the most volatile exchange of the day was coinsbankEUR with a range between high and low trades of EUR548.91, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR4.1, the exchange with the largest bid/ask spread was coinfalconEUR with a spread of EUR216.89, and the most active exchange was krakenEUR with EUR7215.24860158 in trades made today.

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

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