The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling. We calculate Bitcoin dominance by dividing the total. Aug 21, · Trillion dollar market cap As you can see in the chart above, Bitcoin could be worth $33, when the total crypto market cap reaches $1 Trillion. In the long-term ( years), we expect crypto market cap to exceed $5 Trillion dollars in the total market cap. Bitcoin’s value adjusted for this market cap will give us $, per bitcoin. The total supply of BTC is limited and pre-defined in the Bitcoin protocol at 21 million, with the mining reward (how Bitcoins are created) decreasing over time. This graph shows how many Bitcoins have already been mined or put in circulation.
Total market of bitcoinCrypto Market Cap and Dominance Charts — TradingView
Bitcoin still has some room to climb before setting a new all-time high in the price per BTC. However, the current market cap of Bitcoin is now currently larger and more valuable than it was back when the cryptocurrency traded higher. His bet paid off well, and the capital has grown enormously since the buy was coordinated. The lower price yet higher supply still resulted in a larger market cap for the top cryptocurrency.
It is creeping up right behind tech firm Nvidia, which makes GPUs that are often used for cryptocurrency mining. Bitcoin has already overtaken Bank of America, and it should serve as a shining example that these archaic institutions are no longer needed, and a decentralized world of digital finance is the way of the future.
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Play Now! Tweet Share. Load More. The total cryptocurrency market cap capitalization is calculated by adding together the market capitalization of all of the cryptocurrencies listed on CoinCodex. The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling.
We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin.
We calculate the total cryptocurrency volume by adding together the volume expressed in USD from all of the pairs on all of the exchanges listed on CoinCodex. The total volume shows us the activity of the cryptocurrency market — usually, trading volumes soar during large price swings as traders seek to capitalize on big price movements.
Total Market Cap. Total Volume. Bitcoin Dominance. Gainers vs. Search all Date Range. November December