Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $B, a % decrease over the last day. 1 day ago · Galaxy Digital chief executive Mike Novogratz says Bitcoin’s market capitalization will eclipse Tesla’s by June The head of the digital asset management firm took to Twitter to explain why he believes Bitcoin’s market cap will grow much faster than Tesla’s in the coming months.
Bitcoin market cap maxBitcoin Price Prediction: $, Value With $9 Trillion Market Cap Possible, Winklevoss Twins Say
Where Google Finance prices are unavailable, prices are taken from Bloomberg. Not pic. Bitcoin versus Precious Metals. That is half a million dollars for Europeans confused by the comma sign. This is an old but a good tidbit on this subject:.
TheStalwart barrysilbert pic. Bitcoin now has a larger market capitalization than silver, twitter and Dropbox — Thanks for the data bravenewcoin pic. It was pointed out to Dixon that he was selling snake oil. He did not correct the false information he distributed, which is a worrying trait. BambouClub SimonDixonTwitt bravenewcoin 2. Last word on Bitcoin and Gold. Bobby Lee makes some interesting observations about the mining of Bitcoin and Gold in China.
How do you measure the market cap of a currency? What Europeans call current accounts. It excludes less liquid, broad money, notably money held in time-deposits savings accounts. Bitcoin Money Supply was 41 in global rank on 1 Jan Now USD M1 changes over time.
Usually, it grows — much more quickly than the supply of Bitcoin measured in BTC — and, very rarely, decreases. The MS for Bitcoin presently is It will rise to a maximum of 21 million.
You know the story, the best-performing currency in , , , , A Reserve Currency is a one that is held in significant quantities by governments and institutions as part of their foreign exchange reserves.
Reserve Currencies are normally considered to be hard or safe-haven currencies. Source: IMF. MS of Bitcoins vs. Plus Gold, CNY. EUR excluded. That could happen in the next one or two years. This is important — status as a Reserve Currency creates a significant additional demand for that currency independent of other sources of demand, such as for payment and for investment.
So if the Pound Sterling was not a Reserve Currency, for example, its international buying power would be much weaker. Plud, Gold, China, Bitcoin. Can bitcoin reach world reserve currency scale? Finally, it is evident from the MS table that something very interesting is happening in Switzerland. They love cash. UK population 64 m. So, the Swiss Government enables its citizens to hold cash. I love crude, I am long crude. You can be long copper.
We are going to have a big growth surprise early next year, and then in the second quarter, it is going to explode. There is a macro reason to be long. His view was he said, listen, it is scary. It makes no sense. You have to decide, am I going to ride it or not? Then no regrets if you decide you are not going to ride it, like we are riding this frenzy bubble of this new regime that we are in when you are printing more money than we have ever seen before.
What is driving Bitcoin is driving Tesla and Snowflake and every venture back. Please check your inbox or spam folder to confirm your subscription. Thank you.