As you can see from the chart above, the total cryptocurrency market cap is undeniably on an upward trend. But how does it compare to other markets, and where will it go?
If we add up all the money invested in individual stocks, including stocks held in pension funds and other investment vehicles, we get a figure of around 36 trillion dollars. This is the so-called “market cap” or “stock market cap.” It’s used to describe the value of any given stock.
The total cryptocurrency market cap would have to increase by 30 times in order for its market cap to match that of the global stock market. That’s pretty incredible when you think about it: the entire industry would have to grow by 30x (3,000%) in order for it to be worth as much as all stocks. And that doesn’t include bonds and real estate investments, which are also worth more than $100 trillion.
A more realistic comparison would be with gold, which is often looked at as a store of value or a hedge against inflation. In this case, Bitcoin and other cryptocurrencies are still far behind: gold has a market cap of around $8 trillion dollars (compared to just $300 billion for Bitcoin). But if Bitcoin were able to become a widely accepted
The total crypto market capitalization is the sum of all cryptocurrencies listed on CoinMarketCap. You can find the total market cap in the header of our website or by scrolling down to the “Global Market Chart” on the homepage.
You can also find it here: https://coinmarketcap.com/charts/
The total crypto market capitalization is a useful metric to gauge the health of the cryptocurrency market. The higher the market cap, the more valuable the network is. The total market cap of all cryptocurrencies has increased from $17 billion at the beginning of 2017 to over $800 billion at its peak at the end of 2017. The crash in January 2018, however, saw it drop back down to $300 billion and has been on a steady incline since then. At press time, it stands at around $240 billion.
The total crypto market cap is calculated by multiplying the price of bitcoin by its circulating supply, and then adding all other altcoins to that number. This provides an accurate representation of how large the cryptocurrency space is as a whole.
As of June 12, 2018, the total combined market cap of all cryptocurrencies was $294 billion. This was a significant decrease from the high of $826 billion on January 8, 2018.
The chart above shows that the total cryptocurrency market cap has experienced sharp increases and decreases over time. It is worth noting that the total crypto market cap has increased by 2,100 percent over the course of the last year.
The table below lists the top five cryptocurrencies by market cap for June 12, 2018:
The total cryptocurrency market capitalization has increased by over $10 billion in less than a day, adding value to the cryptocurrency market since it started its gradual recovery approximately two weeks ago.
The market cap of the world’s largest cryptocurrency, bitcoin, also increased from $117 billion to $118 billion at press time.
While bitcoin is still below the $6,800 mark, it has been heavily outperformed by alternative cryptocurrencies (altcoins) such as EOS and Litecoin in the past 24 hours.
EOS, the fifth largest cryptocurrency by market cap and the best performing major altcoin among the top 20, has seen its price increase by over 5 percent in under 24 hours. The price of Bitcoin Cash, on the other hand, has more than doubled in value since last week’s hard fork that split off Bitcoin SV.
The total crypto market cap has increased by over 10% in under 24 hours.
All crypto market data, charts and stats are available on Coin360.com.
The total crypto market cap added $48 billion to its value since Monday morning and now stands at $433 billion. The top 10 coins are mostly in red for the last 24 hours with Cardano (ADA) and Binance Coin (BNB) being the worst performers with 2.6 and 2.3 percent of losses respectively. Bitcoin SV (BSV) is the best of the top 10 coins with over 6 percent of gains, followed by Bitcoin Cash (BCH) with 4.4 percent of growth on a daily basis.
At the time of writing bitcoin (BTC) is trading at $13,395 on the Bitstamp daily chart, while ether (ETH) stands at $380 and Ripple’s XRP moved up to $0.2678.
The total number of currently active crypto users reached 39 million people worldwide, according to a new report from Dapp Review and Atlas Protocol (ATP), which was shared with Cointelegraph Nov. 18.