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How does Yahoo finance track cryptocurrency prices?

avatarLevi EichelbergDec 26, 2021 · 3 years ago3 answers

Can you explain how Yahoo finance tracks the prices of cryptocurrencies? I'm curious about the methods they use to gather and update the data.

How does Yahoo finance track cryptocurrency prices?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yahoo finance tracks cryptocurrency prices by aggregating data from various sources such as exchanges, marketplaces, and data providers. They use APIs and web scraping techniques to collect real-time price data. The data is then processed and updated on their platform to provide accurate and up-to-date cryptocurrency prices for users.
  • avatarDec 26, 2021 · 3 years ago
    Yahoo finance relies on partnerships with cryptocurrency exchanges and data providers to track cryptocurrency prices. They have access to the exchange's APIs, which allow them to fetch the latest price data. Additionally, they may also use web scraping techniques to gather data from other sources. This combination of data collection methods ensures that Yahoo finance provides comprehensive and reliable cryptocurrency price information.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can tell you that Yahoo finance is not the only platform that tracks cryptocurrency prices. There are other reputable platforms like CoinMarketCap and CoinGecko that also provide reliable price data. It's always a good idea to cross-reference the prices on different platforms to ensure accuracy. However, Yahoo finance is a popular choice for many users due to its user-friendly interface and integration with other financial tools.