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MVIS Indices and CryptoCompare Launch An Hourly Bitcoin Index

MVIS Indices and cryptocurrency data provider CryptoCompare are launching an hourly Bitcoin (BTC) Benchmark Rate developed in close cooperation with cryptocurrency bank SEBA.

According to an announcement on June 3, MVIS highlighted that the new rate aggregates BTC transaction prices on the top five trading venues included in CryptoCompare’s Exchange Benchmark and disseminates each hour.