Reuters Adds Sentiment Data Analysis of 100 Top Cryptocurrencies

With growing popularity in the global mainstream, cryptocurrency media coverage is at an all-time high.

Cryptocurrency is becoming a prevalent media topic around the world, revealing an increasing demand by retail and institutional investors for methods to measure the nascent, evolving digital economy.

The TRMI Cryptocurrency Sentiment package gathers and monitors data from 800 social media sites and over 2000 global news sites in real-time to help traders understand general market responses to news and predict future trends.

MarketPysch developed a suite of quantitative research results and visualization tools that model themes in the constantly shifting and volatile cryptocurrency markets.

Digital assets are still considered a new form of financial instrument, hence requiring more sophisticated and innovative implements for measuring performance in a market that runs 24/7 worldwide.

In the advancement of cryptocurrency investing, mechanisms such as sentiment data analysis and AI-enhanced trading may become the new standard for indicators of market movement.

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