Top crypto data provider CoinMarketCap has announced the launch of two cryptocurrency benchmark indices on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as its own data feed.
Two Indices, One with BTC One Without
According to the announcement from CoinMarketCap, this newly launched benchmark indices will be the “most comprehensive” of all data relating to crypto found on any platform available right now. The data will cover the top 200 cryptocurrencies by market capitalization. One of the indices will cover bitcoin (BTC) while the other will exempt the top coin.
The first index which will include Bitcoin (BTC) is named CMC Crypto 200 Index (CMC200). This index will cover over 90 percent of the global crypto market. The second index identified as, CMC Crypto 200 ex BTC Index (CMC200EX), will help keep track of the crypto market performance and conditions without being influenced by bitcoin. With bitcoin having…