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What is the average delta percentage for Bitcoin in the past month?

avatartkefDec 26, 2021 · 3 years ago3 answers

Can you provide the average delta percentage for Bitcoin in the past month? I'm interested in knowing the percentage change in Bitcoin's value over the last month.

What is the average delta percentage for Bitcoin in the past month?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The average delta percentage for Bitcoin in the past month is calculated by taking the difference between the closing price of Bitcoin at the beginning and end of the month, and then dividing it by the opening price. This gives us the percentage change in Bitcoin's value over the month. It's an important metric for understanding the volatility and performance of Bitcoin in the short term.
  • avatarDec 26, 2021 · 3 years ago
    Well, if you're looking for the average delta percentage for Bitcoin in the past month, you're in luck! It's a popular metric among cryptocurrency enthusiasts and traders. The average delta percentage measures the percentage change in Bitcoin's value over a specific time period, in this case, the past month. It can give you an idea of how much Bitcoin's value has fluctuated during that time.
  • avatarDec 26, 2021 · 3 years ago
    According to the data from BYDFi, the average delta percentage for Bitcoin in the past month was around 8%. This means that, on average, Bitcoin's value increased or decreased by 8% over the course of the month. It's important to note that this is just an average, and individual price movements may have been much larger or smaller. Keep in mind that cryptocurrency markets are highly volatile, so it's always a good idea to do your own research and exercise caution when investing.