Thomson Reuters expands Sentiment Data offering

Thomson Reuters has expanded its sentiment data offerings to track the top 100 cryptocurrencies through its partnership with MarketPsych Data LLC, a market leader in quantitative behavioral science.

First Published by e-Forex News: June, 2018

Thomson Reuters has expanded its sentiment data offerings to track the top 100 cryptocurrencies through its partnership with MarketPsych Data LLC, a market leader in quantitative behavioral science. This new MarketPsych Indices (TRMI) package uses machine learning and natural language processing to measure a breadth of emotional and topical items across news and social media sites that may drive market participant behavior in cryptocurrency markets.  Following the successful launch of bitcoin sentiment data in March 2018, Thomson Reuters has now created a dedicated TRMI Cryptocurrency Sentiment package (TRMI 3.1). TRMI 3.1 monitors more than 2,000 global news and 800 social media sites in real-time, yielding 43 themes and sentiments on the top 100 cryptocurrencies. Historical data dates back to 2009.