homepostsWhat is the current crypto market cap?

What is the current crypto market cap?

Kevin VoigtNov 15, 2021

1,000 billion

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In this regard, how big is the market for Cryptocurrency?

“According to the research report, the global Cryptocurrency Market was estimated at USD 792.53 Million in 2019 and is expected to reach USD 5,190.62 Million by 2026. The global Cryptocurrency Market is expected to grow at a compound annual growth rate (CAGR) of 30% from 2019 to 2026”.

Then, does market cap matter in Cryptocurrency? The market cap of a cryptocurrency or token is about price, not value, which misleads many investors. But it's more than that. Market cap only reflects the last transaction price multiplied by the circulating supply. ... But even this would be inaccurate and misleading because of issues with circulating supply.

Additionally, what will ethereum be worth in 2030?

CoinPrice forecasts Ethereum will hit a whopping $5,000 (£3,598.75) by the end of 2030. The report further indicates the price of the crypto coin will hit $10,000 (£7,197.50) by 2023 before crossing the $20,000 (£14,399).

Which Cryptocurrency is best to invest in 2020?

  • These are seven of the best cryptos on the market. It has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world. ...
  • Bitcoin (BTC) ...
  • Bitcoin Cash (BCH) ...
  • Litecoin (LTC) ...
  • Ethereum (ETH) ...
  • Binance Coin (BNB) ...
  • Tron (TRX) ...
  • Chainlink (LINK)

Why crypto market is going down?

Things happen fast in the cryptocurrency market. The current leg down began after reports broke that President Joe Biden might propose sharply higher capital-gains tax rates, causing risky assets, including stocks and Bitcoin, to slump.

Will Cryptocurrency take over?

While cryptocurrencies have yet to fully take over in the real world in a way that enthusiasts have predicted, there are nonetheless some signs that various currencies are making it in the traditional business space, even if only to a limited extent.

What is the Crypto market worth?

Crypto Market Value Exceeds $2 Trillion for First Time. The cryptocurrency market's high value is largely attributed to two popular digital currencies.

Is a high market cap good?

Market cap—or market capitalization—refers to the total value of all a company's shares of stock. ... As a result, investments in large-cap stocks may be considered more conservative than investments in small-cap or mid-cap stocks, potentially posing less risk in exchange for less aggressive growth potential.

What is the number 1 Cryptocurrency?

All Cryptocurrencies

RankNameSymbol
1BitcoinBTC
2EthereumETH
3Binance CoinBNB
4CardanoADA

What is a good market cap for Cryptocurrency?

Mid-cap cryptocurrencies have market caps between $1 billion and $10 billion – they generally are considered to have more untapped potential upside but also higher risk. Small-cap cryptocurrencies have a market cap of less than $1 billion and are most susceptible to dramatic swings based on market sentiment.

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About The Author

Kevin Voigt

Kevin is an Entrepreneur, Digital Nomad, Student, and ICO Marketing Manager currently based in Berlin & Champaign. He is actively involved in the Blockchain space and has worked in numerous projects in the Silicon Valley since 2017. His interests revolve around Finance, Consulting, and Blockchain Research.

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