Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Market Capitalization
Diluted Market Cap – A Beginners’ Guide
The value of a cryptocurrency is difficult to predict, especially if we are dealing with a new token. However, if you're looking to invest in cryptocurrency, measures like the fully diluted market cap can guide your choices. The term "fully diluted market cap” will represent the core of today’s guide. We'll begin by defining the sector's market capitalization before moving on to more advanced notions. Market Cap in the Crypto Industry The total worth of an asset now in circulation…
3 years ago
WMA: Bitcoin Takes a Belly Flop after Tesla Discards BTC Payments
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,304 trillion. Bitcoin loses nearly 15% over the week after Elon Musk announced that Tesla wouldn’t accept BTC payments anymore. Ethereum is down by 1% despite setting a new ATH this week. XRP is up by almost 4% after a highly volatile week. Binance Coin lost more than 9% of its value over the…
4 years ago
Top 10 Cryptocurrencies by Market Capitalization Price Performance Since 2018
Since 2018, the cryptocurrency market has undergone tremendous growth thanks to growing interest and adoption from the general population. The crypto market value topped $2 trillion for the first time in 2021, indicating the continued growth of the lucrative market despite the 2020 pandemic that brought financial markets to their knees. Better still, 2021 saw Bitcoin crossed $1 trillion in market cap compared to the $276.63B market cap on January 7, 2018. The “Global Blockchain and Cryptocurrency Market 2021" established…
4 years ago