Bitcoin Market Update for October 16, 2021

The 24 hour average across USD Bitcoin markets is US$61254.37, the 7 day average is US$57561.76, and the 30 day average is US$47002.86.

Among active exchanges, the most volatile exchange of the day was bitbayUSD with a range between high and low trades of US$3498.0, the exchange with the smallest bid/ask spread was cexUSD with a spread of US$4.8, the exchange with the largest bid/ask spread was bitkonanUSD with a spread of US$7999.98, and the most active exchange was bitstampUSD with US$1437.57621054 in trades made today.

The 24 hour average across EUR Bitcoin markets is EUR52687.41, the 7 day average is EUR49861.23, and the 30 day average is EUR42358.42.

Among active exchanges, the most volatile exchange of the day was coinfalconEUR with a range between high and low trades of EUR3729.04, the exchange with the smallest bid/ask spread was krakenEUR with a spread of EUR1.2, the exchange with the largest bid/ask spread was coinfalconEUR with a spread of EUR2892.93, and the most active exchange was krakenEUR with EUR1658.5072519 in trades made today.

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

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