Total crypto market cap: $1,315,097,209,776 USD (as of 2023-10-26 16:31:40 PST)
Top 10 cryptos by market cap:
- Bitcoin (BTC): $656,681,911,577 USD
- Ethereum (ETH): $214,147,612,641 USD
- Tether USDt (USDT): $84,179,099,712 USD
- Binance Coin (BNB): $35,122,830,900 USD
- USD Coin (USDC): $29,662,250,000 USD
- Cardano (ADA): $22,753,050,000 USD
- Solana (SOL): $18,449,420,000 USD
- XRP (XRP): $15,293,890,000 USD
- Terra (LUNA): $13,991,220,000 USD
- Avalanche (AVAX): $13,313,250,000 USD
Bitcoin dominance: 51%
Ethereum dominance: 16.8%
Market capitalization is a measure of the total value of all the coins in circulation for a given cryptocurrency. It is calculated by multiplying the price of a single coin by the total number of coins in circulation. Market capitalization can be used to compare the relative size of different cryptocurrencies and to track their overall performance.
It is important to note that market capitalization is not a perfect measure of a cryptocurrency’s value. It does not take into account factors such as liquidity, utility, or development team. However, it can be a useful tool for investors to get a general idea of the size and growth potential of a particular cryptocurrency.