The St. Louis division of the U.S. Federal Reserve Bank is now tracking the prices of four cryptocurrencies in its research database.
According to an announcement on Tuesday, Federal Reserve Economic Data (FRED), an extensive database maintained by the central bank’s St. Louis branch, is now offering data points for bitcoin, bitcoin cash, ethereum and litecoin.
The price data for the well-known and widely cited economic research database is being provided by the U.S. exchange Coinbase and is updated on a daily basis, according to the announcement.
Furthermore, the database makes available the historical price data of the four assets back to as early as 2014.
The move may not be entirely surprising, given that the St. Louis Federal Reserve – being a center for local, national and global economic research – has never shied away from taking a focus on cryptocurrencies.
