Market Cap

The total market cap of cryptocurrencies has enjoyed impressive growth since their inception. It hit the $3T figure in 2021 and stands at almost $1T at the time of writing.  While all these huge figures are truly impressive, things have been different. The increased market capitalization has resulted more from increased price values than in crypto supply. This begs the question, is there a way of determining a crypto's initial value? Read on to find out. Understanding Value Determination Save…

Cryptocurrencies continue to showcase outstanding crypto performance since the launch of Bitcoin in 2009. As a result, global investors are looking forward to establishing financial stability with digital assets. Due to the growing interest, crypto prices are drastically shifting to the top.  Still, in some scenarios, the market trend keeps decreasing for specific periods. A coin's bearish momentum creates fear and panic for users who believe in the future of the asset.  The opposite is a bullish market that records skyrocketing prices…

This week, the value of the cryptocurrency market, driven by a major rally, reached the $2 trillion mark. Within two months, the cryptocurrency market capitalization has doubled as retail and institutional investors pile up in the space, according to the price-tracking site CoinGecko. More than 50% of the entire crypto market is accounted for by Bitcoin, the largest digital currency. This year alone, Bitcoin has rallied over 100% and has continued to boost the cryptocurrency market.  Crypto is Finally Gaining…