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Thomson Reuters launches bitcoin sentiment gauge for crypto traders

Reuters  |  LONDON 

LONDON (Reuters) - Thomson Reuters Corp is to track and analyse chatter about bitcoin on hundreds of news and social media websites to help investors looking for an edge in trading the world's biggest cryptocurrency, the company said on Monday.A new version of its MarketPsych Indices, which it runs in conjunction with MarketPsych Data LLC, a behavioural economics research firm, will scan over 400 websites, many specific to cryptocurrencies, to capture market-moving sentiment and themes, Thomson Reuters said in a statement.Digging through market chatter and analysing online sentiment has long ...

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First Published: Mon, March 12 2018. 14:33 IST
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