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.
The crypto market is experiencing a significant rally, driven by strong US investor demand and shifting macroeconomic conditions, pushing Bitcoin close to record levels.
The crypto market recently experienced a significant dip, driven by global economic uncertainties, substantial leveraged liquidations, and cautious investor sentiment.
A delegate call vulnerability within a multi-signature wallet granted administrative control, allowing unauthorized asset transfers and limitless token minting.
The cryptocurrency market experienced a broad pullback, with Bitcoin dropping below a critical support level as over $1.7 billion in leveraged positions were liquidated.
The crypto market is experiencing a broad pullback, with major assets like Bitcoin and Ethereum seeing price declines and trading volume reductions, indicating a shift to neutral sentiment.
The crypto market is experiencing a slight downturn, with Bitcoin and the overall market cap seeing declines following the announcement of FTX's third creditor repayment.
The crypto market shows mixed signals, with Bitcoin maintaining gains while Ethereum experiences a slight dip, all eyes on the upcoming Federal Reserve announcement.
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