alexander_smith_musician
Sun Jul 07 2024
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5 answers
579
What is CoinDesk bitcoin price index (XBX)?
Could you elaborate on the CoinDesk Bitcoin Price Index (XBX)? I'm interested in understanding its significance and how it functions within the cryptocurrency market. Specifically, how is it calculated? Does it take into account transactions across multiple exchanges and platforms? Furthermore, how reliable is it as a benchmark for Bitcoin's current market value? I'd appreciate any insights you can provide on the methodology behind XBX and how it differs from other Bitcoin pricing indices.
