rows · The global crypto market cap is $B, a % decrease over the last day. We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin. For example – if the total cryptocurrency market cap is $ billion and the market cap of Bitcoin is $55 billion, BTC dominance would be 55%. How is total cryptocurrency volume calculated? We calculate the total cryptocurrency volume by adding together the volume (expressed in USD) from all of the pairs on all of the exchanges listed on CoinCodex. The total volume . Jun 21, · A bitcoin was worth 8, U.S. dollars as of March 4, All the bitcoins in the world were worth roughly $ billion. Bitcoin accounted for just % of the world's money. Bitcoin .
Total market for bitcoinbitcoinlife24.de Markets | Price, Charts, News
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Cryptocurrency Bitcoin. Key Takeaways A bitcoin was worth 8, Bitcoin accounted for just 0. Bitcoin was worth only about 1.
All cryptocurrencies combined accounted for less than 0. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.
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What is Dogecoin? Dogecoin is a peer-to-peer, open-source cryptocurrency that is categorized as an altcoin. Started in as a joke, Dogecoin has a loyal fanbase. Potcoin Digital Currency Potcoin digital currency allows for anonymous cannabis transactions and started in response to the gap in regulators and financial institutions' slow adaption to the economic change of legalization.
News outlets have been particularly diligent in pointing out how bitcoin's value is leaving gold in the dust. But, it's gold that could still mop the floor with bitcoin if we compare the two based on market cap. According to a report from Thompson Reuters GFMS, it was believed that , tons of gold had either been mined or was still in the ground. Since there are 32, ounces per ton, we're talking about 5. That's more than times the market cap of bitcoin at its all-time high!
It's also worth pointing out that numerous reports exist on the world's total gold supply, and some suggest as much as 2. Long story short, bitcoin still has a very long way to go to truly catch gold. According to data compiled by SiblisResearch. In fact, the largest U. Through Friday, Aug.
Admittedly, nearly all of this cash is being held in overseas markets, because Apple doesn't want to be taxed for the repatriation of this cash. Would Apple do such a thing? Not a chance. It's focused on returning cash to its shareholders and reinvesting in new technologies. Lastly, let's take a look at how bitcoin stacks up next to the currency it'd ultimately like to make go extinct -- the U.
According to figures from the St. The monetary base has increased more than fourfold from the Great Recession, and it's currently about 55 times larger than that of bitcoin, even after bitcoin's enormous run. Despite its recent strength, this writer continues to believe that avoiding bitcoin is a smart move. Without true fundamentals to analyze, deriving a fair valuation on bitcoin is difficult to ascertain. We've witnessed numerous assets increase in value like this before throughout history, and practically every one wound up having its bubble burst eventually.
My suspicion is bitcoin will be no different, and uninformed investors are going to be taken to the digital woodshed if they aren't careful. What's more, the lone bitcoin investment option in the stock market is grossly overvalued. While bitcoin's underlying blockchain could be intriguing to businesses years down the road after it's been tested on a small scale, the current value of bitcoin makes little sense.
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