Bitcoin Market Update for May 31, 2020

The 24 hour average across USD Bitcoin markets is US$9529.61, the 7 day average is US$9257.46, and the 30 day average is US$9256.15.

Among active exchanges, the most volatile exchange of the day was bitbayUSD with a range between high and low trades of US$499.87, the exchange with the smallest bid/ask spread was krakenUSD with a spread of US$0.700000000001, the exchange with the largest bid/ask spread was bitkonanUSD with a spread of US$659.66, and the most active exchange was bitstampUSD with US$6060.64452338 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR8576.16, the 7 day average is EUR8355.45, and the 30 day average is EUR8492.67.

Among active exchanges, the most volatile exchange of the day was coinsbankEUR with a range between high and low trades of EUR651.18, 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 coinsbankEUR with a spread of EUR194.16, and the most active exchange was krakenEUR with EUR3278.94407484 in trades made today.

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

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