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How can I calculate the net change of a specific cryptocurrency using a formula?

avatarBhawana RakshitDec 27, 2021 · 3 years ago3 answers

I'm interested in calculating the net change of a specific cryptocurrency using a formula. Can you provide me with a step-by-step guide on how to do this?

How can I calculate the net change of a specific cryptocurrency using a formula?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To calculate the net change of a specific cryptocurrency, you can use the following formula: Net Change = (Current Price - Previous Price) / Previous Price * 100. This formula calculates the percentage change in price between the current and previous prices. For example, if the current price is $100 and the previous price is $90, the net change would be (100 - 90) / 90 * 100 = 11.11%. This means that the price of the cryptocurrency has increased by 11.11% compared to the previous price.
  • avatarDec 27, 2021 · 3 years ago
    Calculating the net change of a specific cryptocurrency is quite simple. You just need to subtract the previous price from the current price and divide the result by the previous price. Then, multiply the quotient by 100 to get the percentage change. For instance, if the current price is $100 and the previous price is $90, the net change would be (100 - 90) / 90 * 100 = 11.11%. This means that the price of the cryptocurrency has increased by 11.11% compared to the previous price.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to calculating the net change of a specific cryptocurrency, the formula you can use is (Current Price - Previous Price) / Previous Price * 100. This formula calculates the percentage change in price between the current and previous prices. For example, if the current price is $100 and the previous price is $90, the net change would be (100 - 90) / 90 * 100 = 11.11%. This means that the price of the cryptocurrency has increased by 11.11% compared to the previous price. Keep in mind that this formula is widely used and can be applied to any cryptocurrency, not just a specific one.