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How to Get Bitcoin Price in Excel: A Step-by-Step Guide
Aicha Vitalis2024-09-20 22:52:43【crypto】6people have watched
Introductioncrypto,coin,price,block,usd,today trading view,Bitcoin, the world's first decentralized cryptocurrency, has gained immense popularity over the year airdrop,dex,cex,markets,trade value chart,buy,Bitcoin, the world's first decentralized cryptocurrency, has gained immense popularity over the year
Bitcoin, the world's first decentralized cryptocurrency, has gained immense popularity over the years. As an investor or simply someone interested in tracking the price of Bitcoin, it's essential to have a reliable source of information. One of the most convenient ways to keep track of Bitcoin prices is by using Microsoft Excel. In this article, we will guide you through the process of how to get Bitcoin price in Excel.
Step 1: Find a Reliable Bitcoin Price Source
Before you start, you need to find a reliable source for Bitcoin prices. There are several websites and APIs that provide real-time Bitcoin price data. Some popular options include CoinMarketCap, CoinGecko, and CryptoCompare. Choose a source that suits your needs and make sure it provides accurate and up-to-date information.
Step 2: Install the Power Query Add-in
To import data from external sources in Excel, you need to install the Power Query add-in. This add-in allows you to connect to various data sources and import data directly into your workbook. To install the Power Query add-in, follow these steps:
1. Open Excel and go to the "File" menu.
2. Click on "Options."
3. In the Excel Options dialog box, go to the "Add-Ins" section.
4. Click on "Go" next to "Manage: Excel Add-ins."
5. In the Add-Ins dialog box, select "COM Add-ins" and click "Go."
6. Check the box next to "Power Query" and click "OK."
7. Restart Excel, and the Power Query add-in will be installed.
Step 3: Connect to the Bitcoin Price Source
Now that you have the Power Query add-in installed, you can connect to your chosen Bitcoin price source. Here's how to do it:
1. Open a new Excel workbook or an existing one.
2. Go to the "Data" tab on the ribbon.
3. Click on "Get & Transform Data" and then select "Online Services."
4. Choose the service you want to use (e.g., CoinMarketCap, CoinGecko, or CryptoCompare) and click "Import."
5. Follow the prompts to connect to the service and authorize access if required.
6. Once connected, you will see a list of available data sources. Select the one that provides Bitcoin price information.
Step 4: Customize the Data
After importing the Bitcoin price data, you may need to customize it to suit your requirements. Here are some common customization options:
1. Filter the data: You can filter the data to show only the Bitcoin price information you need, such as the current price, historical prices, or market capitalization.
2. Rename columns: If the data source uses different column names, you can rename them to make them more meaningful in your workbook.
3. Add calculations: You can add custom calculations to the data, such as calculating the percentage change in price over a specific period.
Step 5: Create a Real-Time Price Tracker
To create a real-time price tracker, you can use the "Refresh" feature in Power Query. This allows you to update the data automatically at regular intervals. Here's how to do it:
1. Go to the "Transform Data" tab in the Power Query editor.
2. Click on the "Refresh" button in the toolbar.
3. In the "Refresh" dialog box, set the refresh frequency according to your needs (e.g., every 5 minutes, every hour, etc.).
4. Click "OK" to save the changes.
Now, every time you open the Excel workbook, the Bitcoin price data will be updated automatically.
In conclusion, getting Bitcoin price in Excel is a straightforward process. By following these steps, you can easily import and track Bitcoin prices in real-time. Whether you're an investor or simply curious about the cryptocurrency market, Excel can be a valuable tool for monitoring Bitcoin prices.
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