Crypto Prices: Where to Find the Most Accurate Prices
Wondering where to find the latest crypto prices? We’ve got you covered in our crypto price guide including the best crypto price tracking sites in 2024.
What is crypto price?
Crypto price is the live price that a coin or token is currently trading for. As crypto markets are 24/7, live crypto prices can fluctuate considerably in a given day, or even hour, depending on market conditions.
Where can I find up to date crypto prices?
Want to find the Bitcoin price or the current Ethereum price?
As crypto prices on crypto exchanges can vary slightly, the best place to find the most accurate live crypto prices is on crypto price tracking sites. Some of the most widely used and trusted crypto price tracking sites are:
CoinMarketCap
CoinGecko
CoinDesk
CoinTelegraph
CoinMarketCap Prices
CoinMarketCap is a crypto price tracking site founded in 2013 that is now globally the most referenced price tracking site for crypto. As well as crypto prices, you’ll find a wealth of up-to-date information about exchanges, market sentiment, educational content, and more - making the site an invaluable resource for both newcomers to crypto and seasoned veterans.
CoinGecko Prices
CoinGecko is an independent crypto price tracking site founded in 2014 on a mission to empower readers with actionable crypto data. Alongside crypto prices for more than 12,000+ assets, you’ll find educational content, podcasts, and information about exchanges, including dexes and derivatives markets. The site is an excellent resource for those looking to start investing in crypto, as well as those looking to research specific projects.
CoinDesk Prices
CoinDesk is primarily a crypto news site but also provides price data and indices for crypto. Launched in 2013, Coindesk is a leading source of news, analysis, and insights for enthusiasts, investors, and professionals in the crypto space. CoinDesk covers a wide range of topics, including market trends, regulatory developments, and innovations in blockchain technology. CoinDesk's comprehensive coverage and reputable journalism have made it a go-to resource for anyone looking to stay informed about crypto markets
CoinTelegraph Prices
CoinTelegraph is a global crypto news site, that covers all things blockchain technology, cryptocurrencies, and decentralized finance. CoinTelegraph also provides crypto prices. Established in 2013, the platform covers a wide range of topics, including market trends, regulatory developments, technological innovations, and industry events. You can find live prices for popular cryptocurrencies - aggregated from the largest 27 crypto exchanges globally.
Read next: 11 best crypto news sites
What drives crypto prices?
Crypto prices are determined mostly by supply and demand - in other words, what someone is willing to pay for it. Crypto isn’t unique in this sense and many other assets like commodities and stocks are also valued based on supply and demand. There are a few outliers to this rule, for example, stablecoins, that are fixed at a given price (i.e. $1).
Read next: What determines the price of crypto?
How are crypto prices calculated?
Price trackers calculate the live price of a given coin or token using the volume-weighted average of all market pair prices reported for a given crypto asset across multiple exchanges.
Are crypto prices the same on all exchanges?
No. You’ll see small discrepancies (or sometimes large discrepancies if something has gone wrong!) between crypto prices on different exchanges. You can use an exchange aggregator to help you find the best prices for your transaction.
Read next: Is crypto a good investment?
Your frequently asked questions...
How does market cap affect crypto price?
Market capitalization, or market cap, plays a significant role in crypto prices. It’s calculated by multiplying the current price of a coin/token by the total circulating supply. A higher market cap generally suggests a more established and widely used cryptocurrency, which may decrease price volatility, both positively and negatively. A lower market cap may indicate a smaller, less established cryptocurrency, which may increase price volatility, both positively and negatively.
Can ChatGPT predict crypto prices?
No. ChatGPT cannot predict crypto prices - but it can help provide information from thousands of sources across the internet to help you learn more about a specific project. You should always DYOR as well though as although it’s smart, ChatGPT isn’t up to date with the latest crypto market movements (the latest update was January 2022).
Are crypto price predictions accurate?
There are so many experts predicting given market movements, that some of them are bound to be right. Some experts use technical analysis and key indicators to inform their price predictions, and while these can help in making more data-informed predictions, no expert has a crystal ball.
Does crypto price change in a wallet?
Yes. The value of your cryptocurrencies will change when stored in your wallet, like any other crypto held on an exchange.
Does staking crypto lock the price?
No. While with most proof of stake protocols, you lock up your crypto for a given period, this doesn’t generally fix the price of your asset at the point you staked it. If your staked assets suffer a price drop during the lock-up period, it could outweigh the interest you earn due to staking.
Does burning crypto increase the price?
Potentially, yes. Burning removes coins or tokens from the circulating supply, which can sometimes increase demand and therefore increase a crypto’s price.
Do crypto prices drop on weekends?
Crypto markets are open 24/7, and price changes can happen during weekdays, overnight, or on weekends. However, trading volumes tend to be lower on weekends, which can lead to a decrease in price.
Do crypto prices drop at night?
As above, crypto markets are 24/7, as well as borderless. This means overnight for one investor isn’t overnight for another. Price changes can happen at any point, however, trading volume tends to be lower when investors in the largest markets (i.e. North America and Asia) are sleeping, and there may be price decreases due to this.
Can AI predict crypto prices?
Not just yet! While many companies are developing AI tools for crypto price prediction, these are quite limited in their practicality currently.
