Trading data for cryptocurrencies is important for a number of reasons.

Identify trading opportunities. Trading data can show traders which cryptocurrencies are moving up or down in price. This information can be used to identify opportunities to buy or sell cryptocurrencies for profit.

Track the performance of trades. This information can be used to track the success of trading strategies and to identify areas where improvements can be made.

Trading data can help traders to understand the competitive landscape in the cryptocurrency market. This information can be used to identify opportunities to grow market share and strategies.

Traders use trading data to make decisions about their trading strategies, such as which cryptocurrencies to trade, when to buy and sell, and how much to risk on each trade.