Information. The market value of all Bitcoin Core (BTC) in circulation. Market Capitalization = (Price of BTC) x (Total bitcoins in circulation)Similar to the way the Market Capitalization of a company reflects the perceived worth of its business, the Market Capitalization of Bitcoin Core (BTC) reflects the perceived worth of Bitcoin Core (BTC) as a value network. We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin. For example – if the total cryptocurrency market cap is $ billion and the market cap of Bitcoin is $55 billion, BTC dominance would be 55%. How is total cryptocurrency volume calculated? Cryptocurrency combined market cap charts, bitcoin dominance charts, and more.
Total bitcoin market capCrypto Market Cap and Dominance Charts — TradingView
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TRI Triangles. BTG2 Bitgem. NEWB Newbium. After its launch in , Bitcoin ushered in a new era of blockchain technology and digital currencies. Given all the talk about Bitcoin, you'd think it would be everywhere. Is that really true? How much is Bitcoin worth? Perhaps more importantly, how much of the world's money is in bitcoins? With the price of bitcoin at 8, We will calculate the total value of Bitcoin first because that is the easy part. To get a sense of how much of the world's money is in bitcoins, we must determine the total amount of money.
As it turns out, this is not the easiest question to answer. Such a calculation might take into account dozens of categories of wealth, including bank notes, precious metals, money market accounts, and debt.
As of March , this number is surely outdated. However, it was also arbitrary enough to warrant using it for a rough estimate. That leaves Bitcoin at about 0. The Money Project's estimate gives a good general idea of the size of the money supply relative to Bitcoin.
However, it is much less accurate than the other estimates used in this article. How does Bitcoin compare to gold? After all, some people still consider gold to be the real money. It is certainly the gold standard to which other currencies must be compared. We begin with the World Gold Council's figures. They estimated that about , tonnes of gold had been mined throughout history as of the end of There are 32, In total, the value of all bitcoin was about 1.
Bitcoin is the largest and best-known cryptocurrency in the global economy. However, it is far from the only one. The Money Project. World Gold Council. London Bullion Market Association. Company Profiles. Your Money. Personal Finance. Your Practice. Popular Courses.