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How does coincodex work?

One of the key features of Coincodex is its real-time price tracker, which provides up-to-date pricing information for thousands of cryptocurrencies. Users can view the prices of individual cryptocurrencies in a variety of fiat currencies, including USD, EUR, GBP, and JPY, as well as in Bitcoin.

How is bitcoin price prediction calculated on coincodex?

The Bitcoin price prediction on CoinCodex is calculated using the historical Bitcoin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.

What was the first price of bitcoin?

The first price of Bitcoin was $0.07, according to CoinCodex data, which tracks the Bitcoin price starting from August 2010. Let’s take a look at the historical Bitcoin price chart and highlight some important milestones:

How reliable is coincodex?

CoinCodex tracks more than 400 crypto exchanges and thousands of trading pairs to make sure that our data is as reliable as possible. Generally, cryptocurrency price data will be more reliable for the most popular cryptocurrencies.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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