Crypto Market Cap: Overview Coin prices & Market Cap

The market capitalization or  (Crypto Market Cap)  of all cryptocurrencies is the sum of their individual values. The circulating supply of each cryptocurrency is multiplied by the price at which it is currently trading to arrive at this figure. Over the past ten years, the market for cryptocurrencies has expanded dramatically as more traders and investors enter the market. As a result, the market capitalization of cryptocurrencies has also increased, reaching over $2 trillion in April 2021. The crypto market's market capitalization is a crucial indicator of the market's overall health and performance. It can be used to spot trends and patterns in the market and offers insight into the amount of investor confidence in cryptocurrencies.Even though there are now thousands of different cryptocurrencies on the market, Bitcoin is still the most valuable one by market cap. Every cryptocurrency has a different set of characteristics and applications, and investors and traders frequently consider the market capitalization of particular coins to gauge their investment potential.

What is Cryptocurrency Market Capitalization?

The market capitalization of all cryptocurrencies at any particular time is known as the crypto market cap. It is computed by dividing the total supply of coins or tokens in circulation by the exchange rate of each cryptocurrency.

A cryptocurrency with a current price of $100 and a total supply of 1 million coins, for instance, would have a market capitalization of $100 million. The market capitalization of every cryptocurrency currently in use is added to create the total crypto market cap.

The bitcoin market capitalization is a crucial indicator of the health of the entire cryptocurrency industry. It is frequently used by analysts and investors to gauge market size and expansion as well as to compare the relative sizes of various cryptocurrencies. The market cap can also be used to gauge a cryptocurrency's market dominance or the level of risk involved with investing in a specific cryptocurrency.

Can Crypto Market Cap Affects the Price of Cryptocurrencies and How ?

Yes, the price of specific cryptocurrencies can be impacted by the overall cryptocurrency market cap. The market cap is the total worth of all the coins or tokens that are now in use for a specific cryptocurrency or for the whole cryptocurrency market. It is determined by dividing the current value of each coin or token by the total supply.

A rising market valuation for the overall cryptocurrency industry may indicate greater demand for cryptocurrencies as a whole. Because investors try to profit from the upward trend, this may result in a spike in the price of particular cryptocurrencies.

If the market cap of the entire cryptocurrency market is declining, it can suggest a lack of confidence in the market as a whole. Individual cryptocurrency prices may fall as a result of investors becoming less willing to buy them.

The adoption rate, legislative changes, technological improvements, and general market mood are just a few examples of the various elements that might affect a cryptocurrency's price. This is vital to keep in mind. As a result, there is a complex relationship between the market capitalization of cryptocurrencies and their prices, which is influenced by many different variables.

Now Lets talk about How Crypto Market Cap Affects the Price Of Cryptocurrencies?

The following are some ways that the cryptocurrency market cap may impact cryptocurrency prices:

Increased demand: A larger market cap may suggest increased demand for cryptocurrencies in general. This may cause the price of some cryptocurrencies to rise as investors try to profit from the upward trend.

Market confidence can also be reflected in market cap, which measures how much money is being invested in cryptocurrencies. This may result in more confident investors and higher prices for particular cryptocurrencies.

Exposure: The exposure of specific cryptocurrencies may also rise with a bigger market valuation. Cryptocurrencies may see an increase in demand and price as the market cap increases and more traders and investors become aware of them.

Market manipulation: On the other side, big investors and traders have the power to influence the cryptocurrency market cap, which has the potential to impact the value of individual cryptocurrencies. Even while the market capitalization of the overall cryptocurrency market is still substantial, the price of a particular cryptocurrency may fall if a large investor sells a considerable portion of that coin.

The price of specific cryptocurrencies can also be impacted by other elements including adoption rates, legislative changes, technological developments, and general market sentiment, which is important to keep in mind. As a result, there is a complex link that can be altered by many different circumstances between the market capitalization of cryptocurrencies and their prices.

Market cap charts for cryptocurrencies worldwide

Check Live Prices

The market capitalization of all cryptocurrencies as of right now is $1.2 trillion, down -1.17% from the previous day and -38.87% from one year ago. As of right now, Bitcoin's (BTC) market cap is $531 billion, giving it a 44.23% market share. The market capitalization of stablecoins, which is now $132 billion, accounts for 10.96% of the entire market capitalization of all cryptocurrencies.

Total Crypto Market Cap Chart

Total Crypto Market Cap Chart

 Bitcoin Domination chart 

When referring to market capitalization for cryptocurrencies, dominance is the proportion of total market capitalization that is held by a particular coin. BTC holds 42.12% of the market capitalization for all cryptocurrencies in this instance, indicating that it dominates the market.

The dominance of other cryptocurrencies like ETH, USDT, BNB, USDC, XRP, ADA, DOGE, SOL, BUSD, and other lesser cryptocurrencies are also mentioned as percentages. For example, ETH has a dominance of 18.38%, which means it accounts for 18.38% of the overall cryptocurrency market capitalization.

According to market capitalization, BTC is the cryptocurrency with the most overall domination, making it the most significant. The overall market share of all cryptocurrencies is 57.88%, although some cryptocurrencies also hold sizeable market shares.

Bitcoin (BTC) Dominance Chart

DeFi Market Cap chart 

The total market value of all decentralised finance (DeFi) assets is around $49 billion assuming the DeFi market cap is actually $49,002,560,609. This market cap is subject to vary depending on a variety of factors such as demand, supply, and market mood.

DeFi Market Cap chart

Stablecoin Market  Cap Chart

Stablecoin Market Cap chart

 

ALTcoin Market Cap Chart 

ALTCoin Market Cap Chart

How Do You Calculate the Market Cap of a Cryptocurrency?

The cryptocurrency market capitalization, or "market cap" for short, is a measure of a cryptocurrency's overall value. It is calculated by multiplying the total number of coins or tokens in circulation by the current market price of each coin or token.

Here is a step-by-step tutorial on how to figure out the market capitalization of cryptocurrencies:

Find the total number of coins or tokens in circulation: Usually, a cryptocurrency's website or websites that provide market data on cryptocurrencies, like CoinMarketCap or CoinGecko, will provide this information.

Find the cryptocurrency's current market price: On websites that provide market data for cryptocurrencies, you may also see the current market price.

Take the current market price and multiply it by the overall quantity of coins or tokens in use: You will receive the cryptocurrency's total market capitalisation after doing this.

For example, suppose a cryptocurrency called BTC has 1 million coins in circulation and the current market price of each coin is $10. You would multiply one million by ten dollars to get the market capitalization of BTC, which comes out to $10 million.