Market Metrics
Market Metrics π
The Market Indicator provides "Bullish" and "Bearish" signals on the entire crypto market based on market conditions and trend analysis. The indicator helps traders understand the current market sentiment and make informed decisions. It offers insights into the overall performance of the crypto industry.
Parameters: START_DATE, END_DATE
Datapoints:
DATE
The date for which the metrics are calculated (YYYY-MM-DD format).
RECT_SIGNAL
Recommendation signal based on Token Metrics models (-1 = Bearish, 0 = Neutral, 1 = Bullish).
TOTAL_CRYPTO_MCAP"
Total market capitalization of all cryptocurrencies combined (in USD).
ALTS_MARKET_CAP
Market capitalization of all altcoins (cryptocurrencies excluding Bitcoin) (in USD).
BTC_PRICE
Current price of Bitcoin (in USD).
BTC_MARKET_CAP
Market capitalization of Bitcoin (in USD).
TM_GRADE_SIGNAL
Overall market signal derived from Token Metrics grade system (-1 = Bearish, 0 = Neutral, 1 = Bullish).
TM_GRADE_PERC_HIGH_COINS
Percentage of cryptocurrencies with a high Token Metrics grade (indicating bullish strength in the market).
VOL_INDEX
Volatility index that measures the relative risk/uncertainty in the crypto market.
VOL_10
Short-term volatility, calculated over the last 10 days.
VOL_90
Long-term volatility, calculated over the last 90 days.
ALTS_INDICATOR
Indicator showing the relative performance and strength of altcoins compared to Bitcoin.
ABOVE_MA
Percentage of tokens trading above their moving average (indicator of market momentum).
Visualize on Token Metrics Application:
On the Token Metrics Market Landing Page,, you can see whether we are in a
Bullish
orBearish
market.
Example Use Case:
This is a quick overview that a trader can pull from the Token Metrics API to determine the overall direction of the market.
Updated 10 days ago