What Is a Ticker?
If you’ve ever watched a financial news channel, you will have undoubtedly noticed the continuous stream of stocks and commodities scrolling rapidly at the bottom of the screen.
Tickers help traders stay updated with the most recent price information — and they also have a role in the cryptocurrency sector.
These tools give a quick overview of how a cryptocurrency has been fluctuating during intraday trading.
The information provided includes the ticker symbol, which is the abbreviated name for the cryptocurrency. For example, Bitcoin would be represented as BTC and Ether would be renamed as ETH.
In addition, the latest quoted price for the asset in question is included, along with a figure that indicates the amount the coin has increased or decreased in both cash and percentage terms. To improve clarity, text is displayed in green if the cryptocurrency has gained value, and red if it has experienced a loss.
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