What is a crypto market cap?

The total market capitalization of crypto is the real-time calculation of all coins and tokens listed by crypto price tracking websites. Assets such as NFTs and metaverse land are not currently included in the calculations of any major crypto price services. Why is market cap important?

What is a crypto market index?

The index uses multiple key components to provide valuable insights into market sentiment: 1.Price momentum: It analyzes the price performance of the top 10 crypto coins (excluding stablecoins) by market capitalization, including BTC, ETH, XRP, BNB, and DOGE, in order to capture the trends across a broader range of assets.

What is stablecoins' market cap?

Meanwhile, Stablecoins' market cap is at $135 Billion and has a 7.28% share of the total crypto market cap. The chart below shows the total market cap & volume of cryptocurrencies globally, a result of 12,172 cryptocurrencies tracked across 974 exchanges.