What is CoinDesk Bitcoin Cash price index (BCX)?
As a seasoned individual in the world of cryptocurrency and finance, I often come across various indices and price metrics that are used to gauge the health and direction of various digital assets. One such index that has piqued my interest is the CoinDesk Bitcoin Cash price index, commonly referred to as BCX. Could you please elaborate on what this index represents? Specifically, I'm curious about its methodology, data sources, and how it is utilized in the cryptocurrency community? I'd appreciate any insights you have into this intriguing measurement tool for Bitcoin Cash.