Bitcoin Market Update for May 16, 2020

The 24 hour average across USD Bitcoin markets is US$9439.40, the 7 day average is US$9075.05, and the 30 day average is US$8658.34.

Among active exchanges, the most volatile exchange of the day was bitbayUSD with a range between high and low trades of US$449.96, the exchange with the smallest bid/ask spread was lakeUSD with a spread of US$0.0500000000011, the exchange with the largest bid/ask spread was bitkonanUSD with a spread of US$608.42, and the most active exchange was bitstampUSD with US$6263.67791987 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR8710.48, the 7 day average is EUR8398.90, and the 30 day average is EUR7946.07.

Among active exchanges, the most volatile exchange of the day was coinsbankEUR with a range between high and low trades of EUR508.9, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR2.3, the exchange with the largest bid/ask spread was coinsbankEUR with a spread of EUR203.94, and the most active exchange was krakenEUR with EUR3114.78068169 in trades made today.

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

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