Post
Topic
Board Economics
Re: HOW DOES COINMARKETCAP and EXCHANGE COMPUTE Coin % CHANGE
by
Aveatrex
on 29/07/2018, 21:54:45 UTC
Hello

Pls I am trying to understand how sites like coinmarketcap and other exchanges compute the % change for coins.

Particularly, what time reference point do they use for 24hr, 1hr etc

THanks
Per example,if a coin was 1$ today,and tomorrow it rised to 2$,the change is +100%.Concerning the time reference they use,my guess is they use UTC time zone (or GMT if you prefer).
I hope this answer your concerns.