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How does Google Finance track the price of Bitcoin?

avatarHyunsik YunDec 16, 2021 · 3 years ago3 answers

Can you explain how Google Finance tracks the price of Bitcoin? I'm curious about the process and the sources of data that Google uses.

How does Google Finance track the price of Bitcoin?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! Google Finance tracks the price of Bitcoin by aggregating data from various cryptocurrency exchanges. They collect real-time price data from these exchanges and use it to calculate an average price for Bitcoin. This average price is then displayed on Google Finance. It's important to note that the price displayed on Google Finance may vary slightly from the actual price on individual exchanges due to factors such as exchange fees and liquidity differences.
  • avatarDec 16, 2021 · 3 years ago
    Google Finance uses a combination of APIs and web scraping to gather data from different cryptocurrency exchanges. They have partnerships with several exchanges to access their API data directly. In addition, they also scrape publicly available price data from exchanges that do not provide APIs. By combining these data sources, Google Finance is able to provide users with an accurate and up-to-date price of Bitcoin.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can tell you that Google Finance is not the only platform that tracks the price of Bitcoin. There are many other websites and apps that provide similar services. One such platform is BYDFi, a popular cryptocurrency exchange. BYDFi offers real-time price tracking and a wide range of trading features. However, it's worth noting that the prices displayed on different platforms may vary slightly due to factors such as data sources and calculation methods.