Context
Things like Block chain, Bitcoin, Bitcoin cash, Ethereum, Ripple etc are constantly coming in the news articles I read. So I wanted to understand more about it and this post helped me get started. Once the basics are done, the data scientist inside me started raising questions like:
- How many cryptocurrencies are there and what are their prices and valuations?
- Why is there a sudden surge in the interest in recent days?
So what next?
Now that we have the price data, I wanted to dig a little more about the factors affecting the price of coins. I started of with Bitcoin and there are quite a few parameters which affect the price of Bitcoin. Thanks to Blockchain Info, I was able to get quite a few parameters on once in two day basis.
This will help understand the other factors related to Bitcoin price and also help one make future predictions in a better way than just using the historical price.
Content
The dataset has one csv file for each currency. Price history is available on a daily basis from April 28, 2013. This dataset has the historical price information of some of the top crypto currencies by market capitalization.
- Date : date of observation
- Open : Opening price on the given day
- High : Highest price on the given day
- Low : Lowest price on the given day
- Close : Closing price on the given day
- Volume : Volume of transactions on the given day
- Market Cap : Market capitalization in USD
Acknowledgements
This data is taken from coinmarketcap and it is free to use the data.
Cover Image : Photo by Thomas Malama on Unsplash
Inspiration
Some of the questions which could be inferred from this dataset are:
- How did the historical prices / market capitalizations of various currencies change over time?
- Predicting the future price of the currencies
- Which currencies are more volatile and which ones are more stable?
- How does the price fluctuations of currencies correlate with each other?
- Seasonal trend in the price fluctuations