What is a crypto index & how does it work?
Could you elaborate on what a crypto index is and how it functions in the realm of cryptocurrency and finance? I'm curious to understand the underlying mechanics of how such an index is created and maintained, as well as its role in tracking and measuring the overall performance of the cryptocurrency market. Is it similar to traditional financial indices, or does it have unique features that cater specifically to the crypto world? Additionally, how are crypto indices used by investors and analysts to make informed decisions within this dynamic market?
What is a crypto index?
I don't understand this question. Could you please assist me in answering it?