Current Mid-market Price
The midpoint between the highest bid and lowest ask prices in the order book.
What is Current Mid-market Price?
The current mid-market price is the average of the best bid and best ask, providing a fair value estimate for immediate trades. On Robinhood, it’s displayed on asset detail pages; buys may execute at asks higher than mid, sells at bids lower. For BTC at a bid of $60,000 and ask of $60,020, mid is $60,010.
It appears in the order book’s center, alongside the spread. Platforms use mid for quick order settings, like Coinbase’s MID shortcut. In volatile markets, mid fluctuates rapidly, aiding fair pricing without bias to bid or ask.
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