Python script that sends IFTTT notifications when Bitcoin price drops below threshold

btc_notifs.py

import requests
import time

#make sure you change the event name and key below
IFTTT_WEBHOOKS_URL = 'https://maker.ifttt.com/trigger/EVENT_NAME/with/key/YOUR_KEY_HERE'
BITCOIN_API_URL = 'https://api.coinmarketcap.com/v1/ticker/bitcoin/'
BITCOIN_PRICE_THRESHOLD = 9500

def get_latest_bitcoin_price():
    response = requests.get(BITCOIN_API_URL)
    response_json = response.json()
    # Convert the price to a floating point number
    return float(response_json[0]['price_usd'])

def post_ifttt_webhook(event, value):
    # The payload that will be sent to IFTTT service
    data = {'value1': value}
    # inserts our desired event
    ifttt_event_url = IFTTT_WEBHOOKS_URL.format(event)
    # Sends a HTTP POST request to the webhook URL
    requests.post(ifttt_event_url, json=data)

def main():
    while True:
        price = get_latest_bitcoin_price()

        # Send an emergency notification
        if price < BITCOIN_PRICE_THRESHOLD:
            post_ifttt_webhook('bitcoin_drop', price)

        # Sleep for 5 minutes 
        # (For testing purposes you can set it to a lower number)
        time.sleep(5 * 60)

if __name__ == '__main__':
    main()