Today's Cryptocurrency Prices by Market Cap
Coins HD ranks and scores coins based on marketcap, trading volumes, and price.
# | Name | Price | Changes 24H | Changes 7D | Changes 30D | High 24H | Low 24H | Market Cap | Volume 24H | Price Graph (7D) |
---|
Bitcoin ETF Outflows Hit $120M as BTC Price Slipped by $4K Daily
After a few days of hovering above $66,000, bitcoin (BTC) has dropped to a low of $63,500 amid heightened volatility. Coincidentally (or not), the amount of outflows from the United…
Important Ripple v. SEC Lawsuit Developments, Bitcoin (BTC) Volatility, and More: Bits Recap April 25
TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a…
BNB Chain to Enable Native Staking on BNB Smart Chain (BSC) following Beacon Chain Sunset
[PRESS RELEASE – Dubai, UAE, April 25th, 2024] All validators will migrate from Beacon Chain to BSC, enabling high-APY native staking on BSC and MEV-based benefits BNB Chain, the community-driven…
Bitcoin’s Drop to Under $64K Results in Over $200 Million in Liquidations
Bitcoin’s price stood tall above $66,000 for a few days and even challenged $67,000 on a couple of occasions but to no avail. The subsequent rejection brought enhanced pain for…
Sam Altman’s Crypto Project Worldcoin Needs More Orbs for Sign-Ups
Last updated: April 25, 2024 03:09 EDT | 2 min read Sam Altman’s Worldcoin project is reportedly running low on orbs, the devices used for iris scans in return for…
Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst
Last updated: April 25, 2024 02:45 EDT | 1 min read Hong Kong Securities and Futures Commission (SFC) has approved three spot Bitcoin and Ethereum exchange-traded funds (ETFs) that will…
Morgan Stanley Considers Allowing Brokers to Recommend Spot Bitcoin ETFs to Clients
Last updated: April 25, 2024 02:22 EDT | 2 min read Morgan Stanley, one of the leading financial institutions, is reportedly exploring the possibility of expanding its sales of Bitcoin…
Bitcoin Wallets with $1K Balances Jump 20% Since Start of 2024: Fidelity
Last updated: April 25, 2024 01:16 EDT | 1 min read The number of Bitcoin wallets holding $1,000 or more has shot up 20% since the beginning of 2024, according…
Base Chain Welcomes Inaugural Meme Coin Launchpad: A Beacon Against Scams and Rug Pulls
[PRESS RELEASE – Victoria, Seychelles, April 24th, 2024] FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base…
These US Asset Managers Just Bought Bitcoin Through Fidelity’s ETF
More traditional finance firms in the United States are jumping on the crypto bandwagon and giving their clients access to the burgeoning sector. This is seen in the increasing portfolio…
What is Crypto Market Cap?
Cryptocurrency market capitalization, often referred to as “crypto market cap,” represents the combined worth of all issued coins for a specific cryptocurrency. It’s a pivotal metric used to gauge the relative size of a cryptocurrency in the market. A cryptocurrency’s market cap is derived by multiplying its current price with the total number of its coins that have been mined or are currently in circulation. For example, to determine Ethereum’s market cap, simply multiply its current price by the total circulating Ethereum coins. A higher market cap indicates a more significant market presence and influence of that particular cryptocurrency.
How to compare Cryptocurrencies Market Cap?
Cryptocurrencies, based on their market capitalization, can be segmented into three primary tiers:
Large-cap Cryptocurrencies: Valued at over $10 billion, these are the giants of the crypto world. Examples include Bitcoin and Ethereum. These coins are characterized by their established presence, widespread adoption, and a robust ecosystem. They often have a strong community of developers who not only maintain and refine the existing protocol but also innovate by building new projects atop these platforms.
Mid-cap Cryptocurrencies: These fall between $1 billion and $10 billion in market cap. They might not be as established as the large-cap coins but have shown potential for growth and have garnered a significant amount of attention and investment. Their ecosystems are growing, and they often represent newer technologies or unique value propositions in the crypto space.
Small-cap Cryptocurrencies: Valued at less than $1 billion, these are the emerging players. While they offer high-reward potential due to their lower valuation, they also come with increased risks. Their ecosystems might still be in the nascent stages, and they could be more susceptible to market volatility.
When comparing cryptocurrencies using market cap, it provides a straightforward way to gauge their relative sizes and standings. However, it’s crucial to approach this metric with caution. Some cryptocurrencies might exhibit inflated market caps due to aggressive price movements or the structure of their token supply. Therefore, while market cap serves as a useful reference point, it’s essential to complement it with other indicators like trading volume, liquidity, the fully diluted valuation, and a thorough analysis of the project’s fundamentals. This holistic approach ensures a more informed and balanced perspective when evaluating cryptocurrencies.