Cryptocurrency Q&A
What is the ruling market price?
What is the ruling market price?
mia_anderson_painter
Sun Nov 17 2024
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6 answers
1132
I'm trying to figure out the current market price for a particular item or service. I need to know the ruling or prevailing price that's being used as a reference in the market right now.
6 answers
CryptoMaven
Tue Nov 19 2024
This valuation is determined by the last reported sale price executed in the regular trading manner.
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AmethystEcho
Tue Nov 19 2024
If no such sale occurs on the specified day, an alternative method is employed.
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GangnamGlitter
Tue Nov 19 2024
The alternative involves calculating the average of the last closing bid and ask prices, both obtained through regular trading procedures.
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noah_smith_researcher
Tue Nov 19 2024
The reference point for both methods is the principal national securities exchange.
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KpopHarmonySoulMateRadiance
Tue Nov 19 2024
Market Price pertains to the valuation assigned to a specific security on any designated day.
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