Global Crypto Valuation

Definition ∞ Global crypto valuation represents the total combined market capitalization of all cryptocurrencies and digital assets worldwide. This metric provides a broad measure of the cryptocurrency market’s overall size and financial health. It is calculated by summing the market capitalization of each individual digital asset, which is derived from its current price multiplied by its circulating supply. Fluctuations in global crypto valuation often indicate widespread market sentiment and investor confidence across the entire digital asset ecosystem.
Context ∞ Global crypto valuation is a widely reported figure in financial news, serving as a quick indicator of the sector’s performance and investor interest. Significant changes in this valuation often correlate with major macroeconomic events, regulatory announcements, or technological advancements within the crypto space. Its movement helps assess the overall sentiment toward digital assets as an asset class.