To calculate market cap you need to know the circulating supply of coin/token and its current Fiat value. In the case of Bitcoin its circulating supply is 17,, BTC and its current value in USD is $6, 17,, BTC * $6, = $,,, is the market cap of Bitcoin. Jan 28, · From trading perspective that is if you are looking for coins with exponential growth then you must consider market cap that is low with higher trade volume. Smaller market cap coins can easily double than coins with larger market cap. Consider Bitcoin price now which is $11, and its market cap is $,,, Bitcoin is up % in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $,,, USD. It has a circulating supply of 18,, BTC coins and a max. supply of 21,, BTC coins. The top exchanges for trading in Bitcoin are currently Binance, Huobi Global, EtherFlyer, OKEx, and allcryptocoins.de
Bitcoin market cap volumeBitcoin Market Cap: ₿uy the Dip and HODL
To know the current market trend take a look at crypto market cap. Markets such as Forex, Commodity and Stock are in no way different to crypto when it comes to determining the value.
The price of crypto currencies are driven by two main factors such as supply and Demand. Less the supply more the demand. If you look at Bitcoin, Ethereum and Ripple there is enormous difference in price, why it is so? As we said supply matters. Bitcoin supply is less compared to Ethereum which is less compared to Ripple. This is when the demand kicks in. Bitcoin is the very first crypto currency launched in Since then it has gained too much popularity among the main stream.
Take this like Gold, Silver and Diamond. More the popularity, more the Fiat money invested and so the increase in net worth and value.
Price is taken from the average trade price reported by each crypto exchange. As the market cap number increases the value of the crypto currency raises which means it is gaining more popularity.
There are few alt coins which are priced more than Bitcoin but they are not popular. Market Capitalization is what determines the value of a coin. From trading perspective that is if you are looking for coins with exponential growth then you must consider market cap that is low with higher trade volume. Smaller market cap coins can easily double than coins with larger market cap.
For the Bitcoin price to double the market capitalization has to double which will take more time. Circulating supply is the third most important factor after market cap and volume which you must considered before investing. In Crypto Currency there are 3 types of supply. There are currencies with Infinite supply and there are coins with finite supply capped supply. As a newbie you may get confused so we decided to make separate post explaining the difference between Circulating Supply, Total Supply and Max Supply.
Circulating supply is the total number of coins that is currently in circulation which has been released to the public. Supply which is locked total and max supply will not affect the value of the coin and so circulating supply is the actual metric for determining the market cap. More the circulating supply less the price of the coin.
When there is a pump going to happen for a coin then the first thing that starts showing signal is its Volume. Assets Exchanges Currency Converter More Select a Quote Currency. Home Bitcoin. Bitcoin BTC. Market Cap. Price Prediction: Unlock. Free CSV. Privacy Guaranteed Secure Submission. Select Base Currency. Select Quote Currency. BTC Data Highlights. Transparency Grade Transparent. Circulating Supply 18,, Max Supply 21,, Bitcoin Statistics. Date of ATH Today! Days Since ATH 0.
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