How does Yahoo Finance track the performance of cryptocurrencies like Bitcoin?

3 answers

• Pavan DpJul 03, 2023 · 3 years ago
  Yahoo Finance tracks the performance of cryptocurrencies like Bitcoin by aggregating data from various sources, including cryptocurrency exchanges, blockchain networks, and market data providers. They use sophisticated algorithms and data analysis techniques to calculate the price, market capitalization, trading volume, and other key metrics of cryptocurrencies. The accuracy of their data depends on the reliability of the sources they gather information from, but Yahoo Finance is generally considered to be a reputable platform for tracking cryptocurrency performance.
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• SUFIYAN AHMEDOct 09, 2022 · 3 years ago
  Yahoo Finance keeps track of the performance of cryptocurrencies like Bitcoin by pulling data from different cryptocurrency exchanges and analyzing it. They use real-time market data to calculate the price, volume, and other metrics of cryptocurrencies. While their data is generally accurate, it's important to note that cryptocurrency prices can be volatile and may vary slightly across different exchanges. Overall, Yahoo Finance provides a convenient and reliable way to monitor the performance of cryptocurrencies.
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• Nikky eduAug 21, 2021 · 4 years ago
  When it comes to tracking the performance of cryptocurrencies like Bitcoin, Yahoo Finance relies on data provided by various sources, including cryptocurrency exchanges, financial news outlets, and market data providers. They use advanced algorithms to aggregate and analyze this data, allowing them to calculate accurate prices, market capitalizations, and other metrics. Yahoo Finance is a trusted platform for cryptocurrency enthusiasts and investors to stay updated on the performance of their favorite digital assets.
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