Cryptocurrency Q&A
What is the bitcoin volatility index?
What is the bitcoin volatility index?
GangnamGlamourQueen
Wed Jul 17 2024
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7 answers
1626
Could you elaborate on the significance and workings of the Bitcoin Volatility Index? I'm curious to understand how it's calculated and what it indicates about the cryptocurrency market. Does it measure the degree of fluctuations in Bitcoin's price over a specific period? Or does it encompass other factors as well? Additionally, how does it differ from other volatility indices, and what insights does it provide to investors and traders? Your insights would be greatly appreciated.
7 answers
SumoPower
Fri Jul 19 2024
The Bitcoin Volatility Index, a comprehensive measure of Bitcoin's price fluctuations, is supported by CoinDesk, a leading authority in cryptocurrency news and data.
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Davide
Fri Jul 19 2024
For Bitcoin prices, the index utilizes CoinDesk's real-time data to ensure accuracy and timeliness.
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CryptoPioneer
Thu Jul 18 2024
All these features are available free of charge, making the Bitcoin Volatility Index a valuable resource for investors, traders, and analysts seeking to understand and navigate the volatile world of cryptocurrencies.
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emma_grayson_journalist
Thu Jul 18 2024
Additionally, the index leverages FRED®'s extensive pricing data for other series, providing a broader perspective on the cryptocurrency market.
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EnchantedPulse
Thu Jul 18 2024
Users can view live price action, allowing them to stay up-to-date on the latest market movements.
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