What is a cryptocurrency market cap?

It’s similar in cryptocurrency, except cryptos don’t represent equity in a company like stocks. The market cap of a coin is simply what you’d get if you added up every available coin at the current price per coin. Imagine if you cashed out every Bitcoin in existence at the exact same time. That’s the market cap.

How much is a bitcoin market cap?

Imagine if you cashed out every Bitcoin in existence at the exact same time. That’s the market cap. For example, Bitcoin’s Market Cap is 18,330,762 BTC X $7200 = $132 billion, at the time of writing. This can also be referred to as the total value of bitcoin.

How do you calculate market capitalization in cryptocurrencies?

It is found by multiplying the number of shares outstanding by the price per share. It’s use as a measure of overall value is now being applied to bonds, commodities, and cryptocurrencies using the same formula. What Does Market Capitalization Mean in Crypto? What Cryptocurrency has the Biggest Market Cap?

How many cryptocurrencies were traded on 17 December 2017?

Historical Snapshot - 17 December 2017 | CoinMarketCap Go back in time. View a historical snapshot of all active cryptocurrencies on 17 December 2017. Cryptocurrencies: 7,687Markets: 32,966Market Cap: $468,362,292,74424h Vol: $112,841,286,960BTC Dominance: 64.9%