Nov 12, · The US$ billion in hour trading volume has certainly helped the Bitcoin Cash price retain its high value these past few days. Even right now, it is still up by almost % compared to a. The charts below show total market capitalization of Bitcoin, Ethereum, Litecoin, XRP and other crypto assets in USD. You can also compare market cap dominance of various cryptocurrencies. Total Crypto Market Capitalization and Volume, $. Oct 07, · Due to these events, the total market cap excluding Bitcoin has dropped approximately 8% in October, based on CoinMarketCap’s data. At the same time, Bitcoin has dropped less than 2% month over month as its dominance has increased.
Coinmarketcap excluding bitcoinBitfinex’s Bitcoin Price Excluded from CoinMarketCap Average Calculation
We sorted all assets by market capitalization and only included the top 5 assets in each category to construct the index, as the higher the market cap, the more investor interest in the given token. Hence, we felt that only including the top 5 would give a more general depiction of the larger market sentiment towards the defined category. However, the gains were short-lived, and prices retraced significantly, in line with general crypto-market sentiment.
LEO launched amid the bull market in Q2 and nearly doubled in value at its peak within 1 month. While the top 5 privacy coins rallied in the earlier part of the year, most did not manage to hold on to their gains and actually fell below the starting price of the year.
This was largely due to exchanges having to delist privacy coins to comply with the new Financial Action Task Force FATF guidance on regulation for crypto assets.
In its June notice, FATF discussed how countries and cryptocurrency entities needed to comply with its recommendations to prevent misuse of cryptocurrencies in illicit activities. Based on feedback, FATF would release a review report which would tentatively be released in June Bonus insight: It seemed that the exchange tokens category is the black horse of that few people might have been aware of or watching closely.
Not only are the top 5 exchange tokens less viewed than the top 5 privacy coins, but they are also almost five times less viewed than the top 5 smart contract platforms. Crypto markets in can be summarized as a year with two distinct halves. Exchange tokens stood out amongst the rest, while privacy coins lagged due to increased regulatory scrutiny.
As the leading cryptocurrency site for prices, users turn to CoinMarketCap whenever there is a big move in prices. We looked at the daily volatility of BTC and our web traffic data to find if such a correlation existed. The data has been summarized into weekly intervals. This is what we found:. This trend has persisted since , and we believe it should continue into For many years, it has been well-known that the crypto market has been dominated by enthusiasts and hobbyists aged 34 years and below.
Beyond that, we have seen an increasing number of users from Asian countries. What are your thoughts? From everyone at CoinMarketCap, we wish you a wonderful — Happy crypto-ing! Interested in reaching our users? Find out more about the different ways you or your company can advertise on CoinMarketCap!
Correction: It was previously mentioned in section 4. Really very happy to say, your post is very interesting to read. I never stop myself to say something about it. Keep it up. Great read. Thanks for putting things into perspective. Excited to see what the year brings for crypto and payments. Bitcoin was clearly created by the NSA and banking cartel in order usher in a world currency. Bitcoin was created just as a gateway to get people to find value from essentially digits on a screen.
Milton Friedman who worked for the Rockefellers claimed in soon there was going to be a digital currency or cash. He was a total insider. The devaluing of all world currencies at the same time in order to herd people into crypto currencies. I would really be interested to see a current update to this report or for the first quarter of if trends persist. Almost on the date this report ends was arguably the start of the recent upturn which seems quite different from the trends in this report.
Most notable may have been the almost tripling of Bitcoin SV and Dash in less than a month. Although the current trends might be short-lived, a quick appraisal of the differences between the last upturn and this one or last years trends in general would be very interesting to me, anyway. Please give it a share to those you believe would benefit from the statistics!
Not once a year when it is all over. Excuse the trivia, but years of age are not NOT baby boomers. Otherwise, thanks for the info. Some really interesting stats here! It was an excellent analysis and very acurate report. Great synopsis of the crypto markets!!! My hat is off to all those who did all the calculations!! I like this report. I think the bitcoin price will affect all the altcoins during the bull run.
Really nice repost. I like that you mentioned the most-viewed crypto asset pages. We need to work harder in steem community to make our page the most viewed in ! This site uses Akismet to reduce spam.
Learn how your comment data is processed. Executive Summary has been a roller coaster ride for the entire cryptocurrency industry, to say the least. Coming out of the bear market in Q4 , The first half of saw the rapid ascension of prices across most crypto assets. The second half saw a complete flip in sentiment, and most crypto-assets failed to hold on to YTD gains. Bitcoin consistently has the lowest volatility among the top 5 other crypto assets.
We should not dismiss other crypto assets, especially the exchange tokens category that has consistently outperformed Bitcoin in , mainly led by Binance Coin BNB and Huobi Token HT. It seemed that not many were in-the-know, however. The top 5 exchange tokens were the least-viewed compared to the top 5 in other categories like smart contract platforms and privacy coins. See Section 3: BTC versus Other Crypto Assets by Category Plus, given our extensive reach of over millions of users and billions of page views in , we have added further insights about the crypto market based on CoinMarketCap web traffic data!
As it turned out, web traffic on CoinMarketCap had a correlation of More of Gen X is into crypto too, no longer just the millennials as we saw the proportion of users aged increase from 8. The fourth and fifth place for most-viewed crypto asset pages changed hands quite regularly from quarter to quarter, mainly among Chainlink , Tron , Bittorrent , Litecoin and Vechain. Full Report We started off the year on the back foot, from the extreme bearish sentiment seen late in Section 1: Bitcoin versus Traditional Financial Assets While the exuberance has definitely faded away, it is important also to take stock of how cryptocurrencies have faired versus the more commonly referenced indexes and asset classes traded around the world.
At the time of writing, there are 17,, bitcoins in circulation. New bitcoin will be generated while mining continues, until the last coin is released to total 21 million. Many altcoins come pre-mined, which means that the full supply of tokens is available to the system at the outset. In the majority of new cases, this is the model employed, and these altcoins arrive with a total supply equivalent to their circulating supply.
Altcoins priced in cents attract those who hope to see it rise massively in value over the short term. There is, however, another critical factor to contemplate when assessing any digital currency, and that is its circulating supply.
It remains important to look at market cap and aspects like circulating supply — as opposed to just price — in order to legitimately evaluate a cryptocurrency. Two metrics are important when looking at market capitalization in the cryptocurrency market.
The first would be the market capitalization of each cryptocurrency. This metric deals with individual digital coin caps, and with the maturation of the cryptosphere, sites like CoinMarketCap are a click away and detail all current token caps worth noting. Users wanting a big picture of the overall market would look at the second industry market capitalization metric. Here the total market capitalization of the cryptocurrency industry is gauged.
Total market cap indicates the value of the whole cryptocurrency market. With thousands of cryptocurrency tokens now afloat, the total market cap is that of all existing altcoins. Financial theory typically posits that the bigger an altcoin, the slower will be its subsequent growth rate.
This is based on legacy blue chip analysis, and not always appropriate in the world of digital coins. Similar to theories punted by penny cap investors, a newly minted altcoin should find it far easier to triple or more in price as opposed to a market leader like bitcoin. This has to be traded off against the equally real prospect of a new coin not experiencing uptake and falling in price shortly after release. Hence, while bitcoin has time and huge global favor on its side, it cannot hope for a novelty window that jumps its price dramatically anymore.
On the other hand, a new crypto token might be able to rapidly gain in value, yet it has its novelty and market competition to deal with, and therefore there are no guarantees either. Lower market cap coins are also open to abuse by traders and especially whales large-scale investors. There is no history nor many case studies that afford the coin respectability among global investors. A bugbear of regulators the world over, this kind of market manipulation is symptomatic of the problems legislators seek to address, as these practices are dark in legacy investing too.
It follows logically that such attempts directed at bitcoin would be useless, as the project has a much higher value and trading volume. Attempting to manipulate the bitcoin market would involve vast sums of money and is, for all intents and purposes, not possible — or certainly not effective or worthwhile trying.
As has been shown above, market capitalization cannot be the only tool employed by any diligent investor, yet it also cannot be left out of any serious analysis. Market cap opens the door to a comprehensive and best-possible analysis of a digital currency. Viewing any metric or other indicator in isolation cannot give a trader the big picture.
Market cap is typically an indication of the size or value of an altcoin. Cryptocurrency investment is still an extremely volatile space, and investing in any digital currency by looking at any one singular metric is a recipe for getting it wrong.
Current price, market cap, circulating supply and future supply-and-prospects all need to be seen together before a cryptocurrency can be evaluated.
In crypto business, this term describes the market value of a cryptocurrency. Comparing to the stock market, where the market cap describes a total number of stock shares multiplied by their current price, the equation for the crypto market cap looks like this:. To make good investing decisions, you would want to know the total value of the company. The price of a token alone is not enough information to make good crypto investing decisions.
The price of A is 0. If we want to calculate the market cap of a new cryptocurrency, we should multiply the price of the coin 0. The price of B is 50 dollars and it has a total supply of 84 million. When you compare the cryptocurrencies A and B only by their coin price, you would think that B is better because its times more expensive than A. But, when you look at the total supply, cryptocurrency A has a much bigger total number of coins than B.
Due to the larger number of coins, it could have a higher market cap than A. Also, if the total supply increases and the price stays the same, B could have a higher market cap than A. Total supply is the term that describes a total number of coins in existence. That also includes coins that are somehow locked or not for sale yet. Max supply is the total number of cryptocurrency coins that could possibly be created.
Cryptocurrency investors use Circulating Supply most often because it describes only the coins available to everyone in the public market. This gives better measures of the market cap. The market cap and the total amount of money invested are not the same. Market cap does not reflect the total number of fiat currency that investors put in digital tokens.
Example 1. Market cap would remain 20 million even though there is only one dollar invested in coins. Example 2. Increased demand increases the price, that also increases the market cap. The price of the coin would suddenly fall and the total amount of money people could get would be less than the market cap was.
In , a well-known company JP Morgan showed a difference between Bitcoin market cap and fiat money invested in Bitcoin. They said that investors put 6 billion dollars in up to and the total market cap was billion.
So, every time an investor puts 1 dollar in Bitcoin, the market cap grows for 50 dollars. Ask any newbie to the crypto scene what the first website they found when searching for bitcoin prices and they will invariably answer you with CoinMarketCap CMC.
It's no wonder, as it is possibly the largest website when it comes to cryptocurrencies. It is relied upon by many traders to make judgment calls, by journalists looking to do research and is the perfect entryway for someone who knows nothing about cryptocurrencies to get a feel for what's what in crypto land. CMC provides good information about all possible cryptocurrencies , as well as offering charts and statistics to boot.
It strikes a balance between accuracy and breadth of detail — there have been mutterings that exchanges feed bad information to the site, but that is another topic entirely. It is also the most popular website according to Alexa. It currently stands at number most popular website on the entire internet. So… it's pretty useful and pretty important.
That said, there are many out there who don't know how to use CMC to its full potential, and many have been using it for years while only scratching the surface of what it can be used for.
Let's take a look at the following tips to help you get the most out of this precious online resource. Look at the very top of the homepage of CMC. This is the global market indicators and they are an invaluable tool that many simply ignore when first landing on the page. It's always a quick scroll or searches to find a favored cryptocurrency that people want to keep tabs on. The global market metrics allow you to take the pulse of the market at any point in time.
Showing how many cryptocurrencies there are, how many markets there are, what the current overall market cap is and the trading volume over the last 24 hours.
There is also one more key metric they provide at a glance. It is BTC Dominance. This is the market cap of Bitcoin compared to the market cap of all other coins put together.
This metric alone is good to have on hand, to see where the market is going in terms of independence fro the big one. Click on a coin and you will be given a plethora of information. The market cap of the coin, the trading volume and price are all available at a glance. Dig a little deeper and you'll be able to see some metrics on the supply of the coin in question.
Circulating supply, total supply, and maximum supply. Those three are extremely important to see how any single is faring and to put news about the coin into perspective. Then there are the charts, which can be customized at all sorts of data points. CMC has provided exchanges with reliable and fast integrations so that anything you see is what is happening in the market right with a minimum of delay.
This is amazing, as it's not everyone that can pull data from hundreds of exchanges and thousands of different coins in a manner that seems so easy. The system they have built is genuinely robust and is one of the reasons why so many people choose CMC as their price watching software of choice. While not every currency is listed on CMC, the vast majority are. This is especially important when you take into consideration that new coins are being made every day. While other platforms might have certain coins that CMC does not have, it's a sure bet that CMC will win out over any competitor due to the sheer weight of the numbers it does have.
One of the key aspects of CMC's system is that they are not only there to show you the prices and carts of each specific coin. They provide links as well. Anyone who is new to the industry can use the links section under the rank on the left side to read whitepapers, go to the official website of the coin, find a technical documentation and much much more. Cryptocurrency exchanges live and ie by their liquidity. CMC allows you to view the top exchanges based on their volume.
They have various options to filter and sort exchanges so when you need to find the right place to do your trading… you really only need to look at one place. With that being said, a number of new websites have now taken matters into their own hands and have decided to present investors, crypto enthusiasts with real-time data that reflects the true value of a cryptocurrency.
Over the course of the past few years, Coinmarketcap has been able to gain a massive foothold over the global cryptocurrency market — primarily by incentivizing exchanges to inflate their reported trading volume. As many of our readers might be well aware of, CMC ranks exchanges using their reported as well as adjusted volume. According to a spokesperson for Coinsbit — a CMC listed fiat-crypto exchange — it is essentially the duty of every exchange to monitor its activities and stay away from unethical practices that artificially inflate the trade volume of different altcoins.
However, he believes that the past year has seen efforts to clean up the market ramp up in a big way. Price: The current price of a cryptocurrency.
Want to get your coin listed on Coinmarketcap? Here are some tips recommended by Coinmarketcap: The only way to request a coin or exchange listing on Coinmarketcap is to use this online form. Coinmarketcap will not respond to requests on social media, email, and other channels.
You can only use that online form. Exchange: Links to a marketplace where you can buy or sell a particular coin. Wallet: Links to a storage system for a particular coin. Crypto Loans: Links to lending platforms for a particular coin. Using Coinmarketcap to Find the Best Exchanges Coinmarketcap tracks the trading volume on cryptocurrency exchanges around the word. Coinmarketcap makes it easy to find the right market: Step 1 Open Coinmarketcap and search for the coin Step 2 Click on the market tab, which displays all exchanges and trading pairs for that coin Step 3 Check prices on various exchanges, then choose your desired exchange You can find people posting questions on Telegram, Reddit, or Twitter asking where to buy a specific coin.
Not sure which website is the official website? Check Coinmarketcap. Create a Watchlist Using Coinmarketcap Coinmarketcap lets you create a watchlist to track different coins. Monitor the Biggest Gainers and Losers of the Day Coinmarketcap lets you see the biggest gainers and losers in the market based on their recent movements. You can use Coinmarketcap to answer that question. You can choose a date, then check coin rankings for that date.
The Coinmarketcap blog is always worth a read. Market Capitalization: Market Price The market price of an altcoin refers to its price according to current market rates, seen on various exchanges. Market Capitalization: Circulating Supply The circulating supply of any currency refers to the number of coins in global circulation.
Total Market and Individual Market Capitalization Two metrics are important when looking at market capitalization in the cryptocurrency market. Viewing Market Cap Correctly As has been shown above, market capitalization cannot be the only tool employed by any diligent investor, yet it also cannot be left out of any serious analysis. That means the market cap of the new cryptocurrency A is 20 billion dollars. A common mistake The market cap and the total amount of money invested are not the same.
Coin Metrics Click on a coin and you will be given a plethora of information. Good Links For Education One of the key aspects of CMC's system is that they are not only there to show you the prices and carts of each specific coin. Find The Right Exchange Cryptocurrency exchanges live and ie by their liquidity. Is Coinmarketcap Losing its Market Dominance? CMC is Deliberately Not Acting on the Above Stated Issues According to a spokesperson for Coinsbit — a CMC listed fiat-crypto exchange — it is essentially the duty of every exchange to monitor its activities and stay away from unethical practices that artificially inflate the trade volume of different altcoins.
Openmarketcap: Another excellent portal that makes use of prices and trading volume data that is sourced from trusted exchanges.