Market Cap Change

Definition ∞ Market Cap Change refers to the alteration in the total valuation of a cryptocurrency or an entire market segment over a specified period. This metric is calculated by multiplying the current price of an asset by its circulating supply and then observing how this aggregate value shifts. A positive change indicates an increase in overall market value, while a negative change signals a decrease. It serves as a key indicator of market performance and investor interest.
Context ∞ Market cap change is a widely reported metric in crypto news, providing a concise summary of an asset’s or the broader market’s performance. Discussions often focus on the factors driving these changes, such as new protocol developments, macroeconomic events, or shifts in trading sentiment. A critical future development involves the increasing sophistication of market capitalization measurements to account for nuances like locked tokens or differing supply schedules.