Market Cap

Definition ∞ This is a metric representing the total market value of a cryptocurrency’s circulating supply. It is calculated by multiplying the current price of the digital asset by the number of coins or tokens in circulation. This figure provides a general indication of a digital asset’s relative size and perceived worth within the market.
Context ∞ ‘Market Cap’ is a fundamental data point frequently cited in cryptocurrency news to categorize and compare digital assets. Reports often discuss shifts in market capitalization to illustrate the performance of individual cryptocurrencies or the overall market sentiment. Understanding market capitalization is essential for assessing the scale of different digital assets and their potential investment profiles.

A sleek, metallic structure, possibly a hardware wallet or node component, features two embedded circular modules depicting a cratered lunar surface in cool blue tones. This visual metaphor signifies moonshot potential within the decentralized finance DeFi ecosystem. The reflective surfaces imply on-chain transparency and data integrity, crucial for blockchain operations. The deep blue, star-speckled background evokes the vast Web3 frontier, highlighting the pursuit of scalability solutions and interoperability protocols to achieve exponential growth for digital assets and utility tokens. This design embodies the ambition for groundbreaking protocol innovation.

→Digital Asset Trends

→Economic Indicators

→Federal Reserve Decision

Crypto Market Dips as Investors Sell News and Futures Cool

The crypto market experienced a notable pullback as investors took profits following recent positive news, coupled with a decline in futures trading activity.