What is the crypto market index and how does it work?
Could you elaborate on the crypto market index and its functionality? I'm curious to understand how it serves as a barometer for the overall health and performance of the cryptocurrency market. What factors does it take into account, and how are these metrics aggregated to provide a comprehensive view? Additionally, how do investors utilize the crypto market index to make informed decisions regarding their portfolio allocations and trading strategies? I'm eager to gain a deeper understanding of this crucial tool in the cryptocurrency landscape.