Report post

What is the global cryptocurrency market cap today?

The global cryptocurrency market cap today is $1.22 Trillion, a -0.25% change in the last 24 hours and 25.51% change one year ago. As of today, the market cap of Bitcoin (BTC) is at $586 Billion, representing a Bitcoin dominance of 48.21%. Meanwhile, Stablecoins' market cap is at $128 Billion and has a 10.53% share of the total crypto market cap.

What is the market cap of two fictional cryptocurrencies?

To demonstrate, let’s compare the market cap of two fictional cryptocurrencies. If Cryptocurrency A has 400,000 coins in circulation and each coin is worth $1, it’s market cap is $400,000. If Cryptocurrency B has 100,000 coins in circulation and each coin is worth $2, it’s market cap is $200,000.

How does CoinMarketCap rank cryptoassets?

In fact, CoinMarketCap first popularized looking at a coin’s market cap for ranking cryptoassets way back when. Figuring out a crypto market cap is easy. All you need to do is multiply a coin's current price by the total number in circulation. Let's imagine that an altcoin is currently worth $100, and it has a circulating supply of 25 million.

How do you calculate a crypto market cap?

Figuring out a crypto market cap is easy. All you need to do is multiply a coin's current price by the total number in circulation. Let's imagine that an altcoin is currently worth $100, and it has a circulating supply of 25 million. Multiplying the two tells us what the crypto market cap is — in this case, $2.5 billion.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts