What is coincodex & how does it work?

CoinCodex is your window into the world of cryptocurrency, gathering data from more than 400 exchanges to bring you real-time prices and historical charts for over 15,000 coins. You can add your favorite cryptocurrencies to a handy watchlist, making it easy to follow the coins that are most relevant to you.

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.

How does bitcoin market work?

Bitcoin Market and other platforms established a public market for Bitcoin, making it possible to track the price of BTC as expressed in US dollars and other currencies. The first price of Bitcoin was $0.07, according to CoinCodex data, which tracks the Bitcoin price starting from August 2010.

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: