Temperature reflects the price change, it has dropped over the last 24 hours and is indicative of a neither bull nor bear market.
Prices have changed by -0.27% on average over the period.
Conditions describe the trend in trading volume and price.
The trading volume over the last 24 hours was 59% of the average over the previous 7 days.
Wind speed reflects the market’s volatility.
The volatility of the top 200 coins over the last 24 hours was 0.25%.
Finder’s Cryptocurrency Weather Report describes the daily health of the global cryptocurrency market. Changes in the price, trading volume and volatility of the top 200 coins determine the current temperature, conditions and wind speed.
Today’s report describes the conditions over the previous 24 hours and is updated daily at 6pm AEST. Here’s what the figures mean.
Finder conducts regular industry survey to understand how cryptocurrency prices will change in the future. These price predictions are available for bitcoin, ethereum, litecoin, dogecoin, ripple and solana.
Finder’s algorithm analyses the behaviour of the top 200 cryptocurrencies over a 24-hour period and converts that data into a global cryptocurrency weather report. The report translates various aspects of the crypto market as described below.
Temperature relates to the change in the price of the top 200 coins over the last 24 hours, weighted by market share (see below). The temperature will usually range from 32°F to 104°F, with 68°F being the mid-point – but can exceed these boundaries in exceptional circumstances. An increase in the weighted average price will result in a temperature above 20°F, while a decrease will result in a temperature below 68°F. This metric changes in relation to price as follows:
Conditions in this report describe the level of cloud cover and rain. This metric is based on the change in trading volume of the top 200 coins over the last 24-hour period. This trading volume, as weighted by market share, is compared to the rolling average of the previous 7 days. An 80% trading volume, for example, means that the market is trading at 80% of the previous 7-day average.
A positive or negative element is then applied depending on whether the market is gaining (prices are increasing) or losing (prices are decreasing) value. Increasing prices result in sunny, clear conditions. Decreasing prices result in cloudy, rainy conditions.
| Icon | Condition | Average price | Trading volume trend |
|---|---|---|---|
 | Sunny | Increased | Very high (100%+) |
 | Mostly sunny | Increased | High (80%+) |
 | Partial sun | Increased | Medium (60%+) |
| Overcast | Increased or decreased | Low (Under 60%) |
 | Rain | Decreased | Medium (60%+) |
 | Heavy rain | Decreased | High (80%+) |
 | Thunder | Decreased | Very high (100%+) |
Wind speed describes the volatility of the top 200 coins over the past 24 hours, weighted by market share. Volatility, in this case, is defined as the standard deviation of the price of each individual coin over 24 measurements taken hourly. A large volume of price fluctuation will result in a higher value. This percentage change is transformed into a wind speed using an adapted version of the Beaufort scale.
| Icon | Condition | Volatility |
|---|---|---|
| Calm | 0 – 0.5% |
 | Light breeze | 0.5% – 1% |
 | Fresh breeze | 1% – 2% |
 | Strong breeze | 2% – 3% |
 | Near gale | 3% – 4% |
 | Gale | 4% – 5% |
 | Hurricane | 5% + |
The percentage of market share for an individual coin is calculated as the total market capitalization of each coin compared to the total market capitalization of the top 200 coins. The performance of larger coins such as Bitcoin and Ethereum will, therefore, have the most significant effect on this metric.
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