Cryptocurrency Market Capitalization (2024)

FAQs

How much market cap is good for crypto? ›

Large-cap cryptocurrencies have a market cap of over $10 billion. They are generally considered lower risk investments, as they have more liquidity and are better able to withstand market volatility. BNB Chain (BNB) is a good example of a large-cap cryptoasset.

The global cryptocurrency market cap today is $2.46 Trillion, a -1.34% change in the last 24 hours and 97.69% change one year ago. As of today, the market cap of Bitcoin (BTC) is at $1.26 Trillion, representing a Bitcoin dominance of 51.33%.

Key Takeaways

Market capitalization shows how much a company is worth as determined by the total market value of all outstanding shares. To calculate a company's market cap, multiply the number of outstanding shares by the current market value of one share.

In general, the words “cryptocurrency” and “cryptocurrencies” are lowercased in a sentence unless you are using title case in a headline.

Market cap does not influence share prices. It works the other way around. Market cap is arrived at by multiplying the share price by the number of shares outstanding.

Is Low Market Cap Good in Crypto? Most low cap altcoins are new or early-stage projects, seen as high-risk due to market volatility but holding significant potential for high returns. Investing in presale phases offers discounts before these assets go live on exchanges.

Sizing up stocks

Large-cap: Market value of $10 billion or more; generally mature, well-known companies within established industries. Midcap: Market value between $3 billion and $10 billion; typically established companies within industries experiencing or expected to experience rapid growth.

Bitcoin (BTC) had the highest market capitalization of $1.28 trillion on November 9, 2021.

Cryptocurrency market cap, derived from price and supply, reflects total value. Its volatility mirrors crypto's instability. Market cap trends indicate market sentiment: rising caps signal bullish markets, falling caps signify bearish sentiment. Each cryptocurrency's market cap showcases project size and stability.

In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time. One way to think about market cap is as a rough gauge for how stable an asset is likely to be.

What is the market capitalization rule? ›

Understanding the Market Capitalization Rule

This metric is used to measure a company's size; therefore, a market capitalization rule guarantees that companies must be of a certain size in order to remain listed on the NYSE. The market capitalization rule may also be called the market capitalization test.

Market capitalization is essentially a synonym for the market value of equity. A company's market cap is a single incontrovertible figure because it's the number of outstanding shares multiplied by the price of a share. Market valuations can vary depending on the exact metrics and multiples that an analyst uses.

The global cryptocurrency market cap today is $2.32 Trillion, a +1.67% change in the last 24 hours.

A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers.

Yes. When you sell virtual currency, you must recognize any capital gain or loss on the sale, subject to any limitations on the deductibility of capital losses. For more information on capital assets, capital gains, and capital losses, see Publication 544, Sales and Other Dispositions of Assets.

Large-cap cryptocurrencies are generally considered to be safe crypto investments. These are companies with a market cap of more than $10 billion. Investing in coins with large market capitalisation is usually a conservative strategy.

Large-cap: Market value of $10 billion or more; generally mature, well-known companies within established industries. Midcap: Market value between $3 billion and $10 billion; typically established companies within industries experiencing or expected to experience rapid growth.

Quick Take. Analysts at Bernstein have projected the overall crypto market cap could surge threefold to $7.5 trillion by the end of 2025. Growth will be led by the Bitcoin and Ethereum ecosystems amid “unprecedented” institutional adoption, the analysts said.

On the heels of the collapse of crypto exchange FTX, crypto's overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021.