2019-5-6 17:55 |
Cryptocurrency market information website CoinMarketCap is no longer including Bitfinex’s Bitcoin price in its weighted average due to skewed data. Bitcoin‘s weighted average price is $5,696. 94 (at the time of writing).
However, on Bitfinex, it’s listed at $6,009. 98. To save you the math, that’s a difference of $313. 04, or put otherwise, a 5. 5-percent premium over the market average. The little asterix next to Bitcoin‘s Bitfinex price – spotted by Chepicap – denotes that it’s no longer being included in CMC’s calculation of the Bitcoin‘s average price, though. Being so much higher, it was skewing the average. Other exchanges generally report…
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