The BlockMarkets Blog

18 December 2018

How are cryptocurrency prices calculated?

Many people visit popular cryptocurrency websites such as CoinMarketCap and CryptoCompare to view cryptocurrency prices. These websites display USD prices for over 2,000 crypto assets. However, the prices can differ significantly from one website to the next due to differences in data sources and methodology. In this article we take a look at how these prices are calculated, and what is required to create a high-quality "reference rate."

  • by Jason Inzer