Bitcoin USD · ETH-USD1, 874, 84-1, 0.5%. Ethereum USD · USDT-USD1.00-0, 100%. Tether USDt USD · XRP-USD0.72-0.20%. XRP USD · BNB-USD241, 72-0.89%.
Founded in 1976, Bankrate has a long history of helping people make smart financial decisions. We have maintained this reputation for more than four decades by demystifying the financial decision-making process and giving people the confidence to decide what steps to take next. The total market capitalization of cryptocurrencies is a measure of the market capitalizations of all cryptocurrencies combined. The total market capitalization of cryptocurrencies can be used to estimate the relative size of the cryptocurrency market compared to other asset classes, such as stocks, real estate, and gold.
In addition, fluctuations in the market capitalization of cryptocurrencies allow us to know the current trend of the cryptocurrency market. As a forerunner of the cryptocurrency era, Bitcoin is still the currency that people often refer to when talking about digital currency. Although originally created as a token to pay for discounted transactions, Binance Coin can now be used for payments and to purchase various goods and services. These are the largest cryptocurrencies based on the total dollar value of existing currencies, that is, their market capitalization or market capitalization.
A popular way to measure confidence in the cryptocurrency market is the Bitcoin Fear & Greed Index, which uses factors such as trading volume, price volatility, and social sentiment, among others, to estimate investor opinion of the cryptocurrency market. Cryptocurrencies other than Bitcoin are often collectively referred to as alternative cryptocurrencies or “altcoins”. Currently, cryptocurrency market confidence is estimated to be neutral: the fear and greed index is 55% (greed). 7% of cryptocurrencies have gained value in the past 24 hours, while 93% of cryptocurrencies have lost value.
Trading volume measures the amount of cryptocurrencies that were traded over a given period of time, usually within 24 hours. Changes in the relationship between Bitcoin's market capitalization and the market capitalization of alternative currencies can provide valuable information on cryptocurrency market trends. The most recent cryptocurrencies added to CoinCodex are VoldemorttrumProBotnik-10NEKO, Davos Protocol, and Demeter USD. Polygon is a cryptocurrency that focuses on being accessible to those who create digital applications and extends the Ethereum cryptocurrency.
Bitcoin dominance is a measure of how much of the total market capitalization of cryptocurrencies is represented by BTC. We also offer a ranking of trending cryptocurrencies, which are currencies that are gaining popularity among CoinCodex users. Cryptocurrency markets are highly speculative and market movements are usually dictated by sentiment and not by fundamental factors. Bitcoin was the first cryptocurrency to be invented and remains the largest cryptocurrency in terms of market capitalization to date.