Bitcoin Market Update for May 17, 2020

The 24 hour average across USD Bitcoin markets is US$9763.25, the 7 day average is US$9218.15, and the 30 day average is US$8721.76.

Among active exchanges, the most volatile exchange of the day was bitbayUSD with a range between high and low trades of US$629.99, the exchange with the smallest bid/ask spread was lakeUSD with a spread of US$0.0499999999993, the exchange with the largest bid/ask spread was bitbayUSD with a spread of US$319.0, and the most active exchange was bitstampUSD with US$11978.9728225 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR8960.98, the 7 day average is EUR8529.46, and the 30 day average is EUR8000.60.

Among active exchanges, the most volatile exchange of the day was coinsbankEUR with a range between high and low trades of EUR537.85, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR0.1, the exchange with the largest bid/ask spread was bitbayEUR with a spread of EUR98.05, and the most active exchange was krakenEUR with EUR7425.46079462 in trades made today.

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

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