Dec 10, · Since the start of , the number of tethers in circulation has grown exponentially. At the start of the year, Tether's market capitalization was $ billion, a figure that has since nearly quintupled, with Tether now at its highest market capitalization of all time, close to $20 billion. The market capitalization of bitcoin has hit a new all-time high above $ billion as the flagship cryptocurrency’s price closes in on its all-time high near $20, 11 rows · Follow Bitcoin and your favorite alternative currencies. Track price, market cap, supply and .
Bitcoin highest market capBitcoin Market Cap Hits Record High After $18, Pump
ICO Review. Submit ICO Review. Editor's Pick. Share on Facebook. Share on Twitter. Share on Linkedin. Share on Telegram. Author: Martin Young. When the Tether stablecoin first launched in July , it was almost immediately met with criticism—most of which focused on whether all the Tether in circulation were truly backed by US dollars held in a bank account, i. Whether it's solvent or not remains up for debate, but Tether has managed to maintain its dollar-peg in all but the most extreme circumstances and remains one of the least volatile USD stablecoins.
Since , the stablecoin has been embroiled in a class-action lawsuit that described Tether as a "part-fraud, part-pump-and-dump, and part-money launder" operation, and argued that Tether parent firm iFinex was attempting to defraud investors and manipulate the market. The most recent update on the case was a September motion to dismiss, on the basis that the plaintiffs have yet to provide any factual evidence behind their assertions.
Despite these hiccups, Tether has achieved staggering growth in Not just in terms of trading volume, but also when it comes to market capitalization. Since the start of , the number of tethers in circulation has grown exponentially.
Do you know what else touched 18 today? We love you. On top of this, Tether also saw a dramatic surge in interest following Black Thursday in March , when the vast majority of cryptocurrencies collapsed in value in one of the biggest sell-offs in recent history. Unique cryptocurrency wallets created on Blockchain. Average Bitcoin transaction confirmation time This feature is limited to our corporate solutions. Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Try our corporate solution for free! Single Accounts Corporate Solutions Universities. Popular Statistics Topics Markets. In December , the Bitcoin market cap reached an all-time and had grown by over billion U. The market capitalization currently sits at more than billion U.
Market capitalization is calculated by multiplying the total number of Bitcoins in circulation by the Bitcoin price. The Bitcoin market capitalization increased from approximately one billion U.
Bitcoin use among consumers While its market capitalization grew at an unbelievable rate from to , the public is only slowly becoming aware of its existence. As many as 25 percent of Americans were still not familiar with bitcoin and as of While there are over 18 million bitcoins in circulation , there are only 6, Bitcoin ATMs around the world. Bitcoin prices What makes a bitcoin different than traditional currency is that it is decentralized and no single institution or bank controls the bitcoin network.
It is also unique because an account is easy to set up and it is completely transparent. The bitcoin price index the average bitcoin price across leading global exchanges has also increased significantly since its creation, rising from U. Market capitalization of Bitcoin from October to December 13, in billion U. Loading statistic Download for free You need to log in to download this statistic Register for free Already a member?