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) |
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Canadians Are “Largely Opposed” To A CBDC, Says Bank Of Canada
Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens…
This Hasn’t Happened to Bitcoin (BTC) in Six Years
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse…
FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets
Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday….
South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids
Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people….
SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company…
Best Crypto to Buy Now November 29 – Stacks, THORChain, Celestia
Stacks, THORChain, and Celestia surge as investors look for the best crypto to buy now. Image by cryptonews.com. With a nearly 11% surge on yesterday’s close and a new 5-month…
BlackRock Revises Bitcoin ETF Model To Appease SEC Concerns
BlackRock Office BlackRock executives held another meeting with the Securities and Exchange Commission (SEC) on Tuesday to discuss the firm’s application to launch a Bitcoin (BTC) spot ETF in the…
Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31
With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by…
Berkshire Hathaway’s Charlie Munger Passes Away At 99 Years Old
Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The…
Electric Capital Raises Alarm on Crypto Scams Targeting Entrepreneurs
Electric Capital, a prominent venture capital firm, has warned about a sophisticated scam operation targeting potential investors. Avichal Garg, Co-Founder and General Partner of Electric Capital, revealed in a recent…
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.