Cryptocurrencies
Crypto Aggregator Says Concerns Over Inaccurate Data Are Valid
- CoinMarketcap.com to add data on liquidity, exchange traffic
- A report out last week called the site’s Bitcoin data wrong
Lights illuminate the cables and electronic components of cryptocurrency 'mining' machines.
Photographer: Luis Tato/BloombergThis article is for subscribers only.
CoinMarketCap.com, one of the biggest aggregators of cryptocurrency market data, said concerns over inaccuracies “are valid” and it will be adding more information to its website to help users make better decisions.
As one of the world’s top 500 most visited sites, CoinMarketCap.com is often where many individual investors turn to for prices, exchange volume and industry rankings. But trading volumes on the top exchanges listed on CoinMarketCap.com have increasingly come into question. Last week, Bitwise Asset Management saying in a report that the site’s "data is wrong."