Crypto Market Cap | CoinCodex (2024)

Total Market Cap Bitcoin Market Cap
$ 2.53T (-4.26%)$ 1.30T (-3.96%)

The crypto market cap is currently $ 2.53T following a -4.26% decrease in the last 24 hours. Bitcoin is currently the largest crypto asset, accounting for 51.57% of the cryptocurrency market capitalization.

The total crypto market cap is calculated by adding together the market capitalizations of all cryptocurrencies. The crypto market cap reached its all-time high on Nov 10, 2021 at a value of $ 3.06T. Currently, the cryptocurrency market cap is down -17.17% from its all-time high.

Events That Shaped Crypto Market Cap

Often, big changes in the crypto market cap are connected to significant events in the cryptocurrency and blockchain industry. Here are some of the most impactful events that resulted in major cryptocurrency market movements:

  1. November 28, 2012: First Bitcoin halving
  2. February 7, 2014: Mt. Gox suspends Bitcoin withdrawals
  3. June 17, 2016: The DAO gets hacked
  4. July 9, 2016: Second Bitcoin halving
  5. August 1, 2017: Bitcoin Cash hard fork
  6. May 11, 2020: Third Bitcoin halving
  7. October 21, 2020: PayPal announces it will offer crypto to its customers
  8. February 8, 2021: Tesla invests in Bitcoin
  9. September 15, 2021: Ethereum transitions to Proof-of-Stake
  10. May 9, 2022: UST stablecoin loses its peg, leading to Terra ecosystem collapse
  11. November 8, 2022: FTX halts withdrawals

However, it's not always the case that big market moves are connected to specific events. Sometimes, the cryptocurrency market moves because of technical factors, such as important support and resistance price levels.

Crypto market cap comparison with other asset classes

LIt can be useful to compare the crypto market cap with the market capitalization of other asset classes to get a perspective of the relative size of the cryptocurrency market. However, it's worth keeping in mind that different asset classes are fundamentally different in terms of liquidity and other important factors, so direct comparisons should be taken with a grain of salt.

Market cap of cryptocurrencies compared to gold, stocks and US dollar market cap

The market cap of cryptocurrencies is currently $ 2.53T. The estimated market cap of gold is $ 12.28T and the market capitalization of the U.S. stock market is $ 40.51T Meanwhile, the US dollar market cap is estimated at $ 23.37T.

Historical market cap of all crypto assets since 2013

When evaluating the crypto market capitalization, it's important to have a historical perspective of how the size of the cryptocurrency market has changed over time. We provide historical crypto market cap data showing the total crypto market cap at the end of each year since 2013.

YearMarket CapYearly Change
2013$ 10.44B-
2014$ 5.43B-48.94%
2015$ 7.02B29.00%
2016$ 17.31B144.80%
2017$ 548.32B3,006.99%
2018$ 128.68B-77.37%
2019$ 193.19B53.28%
2020$ 751.41B293.90%
2021$ 2.27T192.69%
2022$ 814.07B-64.26%
2023$ 1.66T103.85%

Cryptos by Market Cap

The top crypto by market cap is currently Bitcoin. BTC has a market capitalization of $ 1.30T. Here is the crypto ranking by market cap:

NamePriceMarket Cap24h Change
Bitcoin$ 66,350$ 1.30T-3.96%
Ethereum$ 3,570.70$ 428.77B-4.42%
Tether$ 0.999780$ 103.39B-0.01%
Binance Coin$ 584.36$ 87.38B-4.59%
Solana$ 185.50$ 82.32B-0.64%
XRP$ 0.613490$ 33.62B-4.21%
USD Coin$ 1.00$ 30.90B0.00%
Cardano$ 0.669523$ 22.64B-7.07%
Dogecoin$ 0.145660$ 20.90B-10.09%
Avalanche$ 53.06$ 20.02B-6.50%

The 11th largest cryptocurrency by market cap is currently Shiba Inu. In order to get into the crypto top 10, the Shiba Inu market cap would need to grow by $ 4.74B.

Biggest Market Cap Cryptos by Sector

Cryptocurrency and blockchain technology has evolved significantly since Bitcoin was first released in 2009. Today, it’s helpful to categorize digital currencies in different sectors. Let’s explore the biggest cryptocurrencies in each major category:

SectorSector Market CapCoin NameCoin Market Cap
Layer 1$ 2.15TBitcoin$ 1.30T
Proof-of-Work Coins$ 1.35TBitcoin$ 1.30T
Proof-of-Stake Coins$ 619.52BEthereum$ 428.77B
Ethereum (ERC20) Tokens$ 150.30BShiba Inu$ 15.29B
Stablecoins$ 146.86BTether$ 103.39B
Exchange Tokens$ 117.23BBinance Coin$ 87.38B
Binance Smart Chain$ 95.20BBinance Coin$ 87.38B
DeFi Coins$ 72.87BChainlink$ 10.76B
Meme Coins$ 50.76BDogecoin$ 20.90B
AI Crypto$ 26.13BRender Token$ 4.17B
Layer 2$ 24.50BPolygon$ 8.42B
NFT Tokens$ 19.26BTheta Token$ 2.46B
Tron Network$ 15.34BTRON$ 11.60B
Gaming$ 14.30BTHORChain$ 2.88B
Metaverse$ 12.79BTheta Token$ 2.46B
Yield Farming$ 12.62BUniswap$ 7.30B
Privacy Coins$ 4.20BMonero$ 2.54B
Bitcoin (BRC20) Tokens$ 1.39BOrdinals$ 1.37B
Gambling$ 552.52MDice$ 366.87M

Crypto Market Cap Chart

We can visualize the relative size of the biggest cryptocurrencies with a crypto market cap chart. The following pie chart compares the size of Bitcoin, Ethereum, stablecoins, and all other crypto assets.

Bitcoin's share of the total cryptocurrency market cap is commonly called Bitcoin dominance. At the moment, Bitcoin dominance is at 51.57%.

Related Resources

12 Best Crypto to Buy Now in March 2024Next Crypto to Explode in March 2024: These 16 Coins Show Bullish Promise13 Best Altcoins Poised for Explosive Growth in 202412 Best Crypto to Buy Today for Long-Term: Optimize Portfolio GrowthNext Big Meme Coin to Explode - Which of These Coins Could Be the Next Shiba Inu?5 Best Crypto Presales in March 202412 Best Crypto Hardware Wallets in March 2024Bitcoin Halving Dates: When Is the Next BTC Halving?
Crypto Market Cap | CoinCodex (2024)

FAQs

What is a reasonable market cap for crypto? ›

Large-cap cryptocurrencies have a market cap of over $10 billion. They are generally considered lower risk investments, as they have more liquidity and are better able to withstand market volatility.

How high could crypto market cap go? ›

The total crypto market capitalization was roughly $2.6 trillion as of April 4. If the market were to double, that would imply a new total crypto market cap of $5.2 trillion. Bitcoin has risen more than 140% in the last 12 months.

What happens when a crypto market cap is reached? ›

Additionally, some coins may have a maximum supply cap, which means the total circulating supply will not increase over time (if the cap has already been reached). For example, Bitcoin's maximum supply is 21 million, so its market cap is limited by max supply but can still rise if the coin price increases.

Why market cap means nothing in crypto? ›

Moreover, many tokens are often locked up in dormant digital wallets or lost. That means a significant number of coins may never truly enter the circulating supply. As a result, the token's market cap figure probably will be an inaccurate reflection of its true value.

What is a good market cap range? ›

Large-cap companies have a market value between $10 billion and $200 billion. Mid-cap companies have a market value between $2 billion and $10 billion. Small-cap companies have a market value between $250 million and $2 billion. Micro-cap companies have a market value below $250 million.

Should I buy crypto with low or high market cap? ›

Large-cap cryptocurrencies are generally considered to be safe crypto investments. These are companies with a market cap of more than $10 billion. Investing in coins with large market capitalisation is usually a conservative strategy.

What will $1000 of Bitcoin be worth in 2030? ›

Looking at Bitcoin's price history, halvings typically precede higher highs, followed by higher lows. If Bitcoin continues this pattern into 2030, the price could peak around 2029 or 2030. If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030.

How much will $1 Bitcoin be worth in 2025? ›

Bitcoin (BTC) Price Prediction 2030
YearPrice
2024$ 55,276.88
2025$ 58,040.72
2026$ 60,942.76
2027$ 63,989.90
1 more row

Will crypto be around in 10 years? ›

Bitcoin is most likely to remain popular with cryptocurrency speculators over the next decade. Bitcoin the blockchain will probably continue to be developed to address long-standing issues like scalability and security.

What happens when a crypto reaches its cap? ›

What will happen when a cryptocurrency hits its maximum supply? The maximum supply of a cryptocurrency refers to the maximum number of coins or tokens that will be ever created. This means that once the maximum supply is reached, there won't be any new coins mined, minted or produced in any other way.

What was the highest crypto market cap? ›

Total Cryptocurrency Market Cap: $1,931,435,357,844
RankName (Symbol)Market Cap
1Bitcoin (BTC)1,077,626,235,285
2Ethereum (ETH)296,937,392,367
3Tether USDt (USDT)114,571,596,757
4BNB (BNB)68,295,183,510
77 more rows

Is higher market cap better? ›

A high market cap signifies that the company has a larger presence in the market. Larger companies may have less growth potential than start-up firms, but established companies may be able to secure financing cheaper, have a more consistent stream of revenue, and capitalize on brand recognition.

How high will the crypto market cap go? ›

Total Crypto Market Cap Prediction

In the bear case scenario, where the ROI reduction is 2.5x, the total crypto market cap is predicted to reach around 8 trillion dollars by March 2026. Moving to the base case scenario, with a 2x reduction in ROI, the market cap could climb to 10 trillion dollars by June 2026.

Why is market cap misleading? ›

The logic is that the more a company's shares are worth in the open market, the more valuable the company must be. However, this oversimplified view can be highly misleading, as market cap fails to account for many important factors that determine a company's true intrinsic value.

How big can the crypto market get? ›

The global cryptocurrency market size was valued at USD 910.3 million in 2021 and is projected to reach USD 1,902.5 million in 2028, exhibiting a CAGR of 11.1% during the forecast 2021-2028.

What is considered a low market cap crypto? ›

Small-cap cryptocurrencies have a market cap of less than $1 billion and are most susceptible to dramatic swings based on market sentiment.

How much should market cap be? ›

Types of Companies Based on Market Cap
Type of StockMarket Cap
Small-Cap StocksUp to Rs.500 crore
Mid-Cap StocksFrom Rs.500 crore up to Rs.7,000 crore
Large-Cap StocksFrom Rs.7,000 crore up to Rs.20,000 crore

What is the general crypto market cap? ›

The global crypto market cap is $2.28T, a 4.39% decrease over the last day. The total crypto market volume over the last 24 hours is $78.52B, which makes a 24.98% increase. The total volume in DeFi is currently $4.04B, 5.15% of the total crypto market 24-hour volume.

What is a good amount of crypto to have? ›

Most financial experts recommend limiting crypto exposure to less than 5% of your total portfolio. Crypto is considered a high-risk asset class. Limiting allocation helps manage overall volatility and risk. Those new to crypto investing may start with 1% to 2% as an introduction.

Top Articles
50 Lakh Personal Loan - Apply Online for Instant Approval @9.99%
Analyzing Financial Statements to Make Better Business Decisions
Hotels Near 6491 Peachtree Industrial Blvd
Kmart near me - Perth, WA
Riverrun Rv Park Middletown Photos
Unit 30 Quiz: Idioms And Pronunciation
Did 9Anime Rebrand
Konkurrenz für Kioske: 7-Eleven will Minisupermärkte in Deutschland etablieren
Produzione mondiale di vino
Violent Night Showtimes Near Amc Fashion Valley 18
Ap Chem Unit 8 Progress Check Mcq
Cool Math Games Bucketball
The Superhuman Guide to Twitter Advanced Search: 23 Hidden Ways to Use Advanced Search for Marketing and Sales
Byte Delta Dental
Steamy Afternoon With Handsome Fernando
Jenn Pellegrino Photos
Gem City Surgeons Miami Valley South
Ess.compass Associate Login
Google Doodle Baseball 76
Vegas7Games.com
Never Give Up Quotes to Keep You Going
Home
Essence Healthcare Otc 2023 Catalog
Narragansett Bay Cruising - A Complete Guide: Explore Newport, Providence & More
Craigslist Northern Minnesota
Jailfunds Send Message
Riverstock Apartments Photos
Meggen Nut
Craigslistodessa
Filmy Met
The Ultimate Guide to Obtaining Bark in Conan Exiles: Tips and Tricks for the Best Results
Nacogdoches, Texas: Step Back in Time in Texas' Oldest Town
Supermarkt Amsterdam - Openingstijden, Folder met alle Aanbiedingen
Tamilyogi Ponniyin Selvan
T&J Agnes Theaters
Police Academy Butler Tech
Toonily The Carry
Hannibal Mo Craigslist Pets
Otter Bustr
Fifty Shades Of Gray 123Movies
Puretalkusa.com/Amac
Cpmc Mission Bernal Campus & Orthopedic Institute Photos
Wilson Tattoo Shops
Engr 2300 Osu
All-New Webkinz FAQ | WKN: Webkinz Newz
Exam With A Social Studies Section Crossword
Professors Helpers Abbreviation
Jimmy John's Near Me Open
Dying Light Mother's Day Roof
Wild Fork Foods Login
7 Sites to Identify the Owner of a Phone Number
Naughty Natt Farting
Latest Posts
Article information

Author: Ray Christiansen

Last Updated:

Views: 6619

Rating: 4.9 / 5 (49 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Ray Christiansen

Birthday: 1998-05-04

Address: Apt. 814 34339 Sauer Islands, Hirtheville, GA 02446-8771

Phone: +337636892828

Job: Lead Hospitality Designer

Hobby: Urban exploration, Tai chi, Lockpicking, Fashion, Gunsmithing, Pottery, Geocaching

Introduction: My name is Ray Christiansen, I am a fair, good, cute, gentle, vast, glamorous, excited person who loves writing and wants to share my knowledge and understanding with you.