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The global cryptocurrency market cap today is $1.26 Trillion, a -0.1% change in the last 24 hours. Hide
Total cryptocurrency trading volume in the last day is at $25.5 Billion. Bitcoin dominance is at 45.2% and Ethereum dominance is at 18.3%. CoinGecko is now tracking 10,715 cryptocurrencies. The largest gainers in the industry right now are Polkadot Ecosystem and Algorand Ecosystem cryptocurrencies
Market capitalization (or market cap) is the total dollar value of all the shares of a company’s stock — or, in the case of Bitcoin or another cryptocurrency, of all the coins that have been mined. In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time.
One way to think about market cap is as a rough gauge for how stable an asset is likely to be. (It’s important to note that even Bitcoin, crypto’s biggest market cap, still sees volatility.) But the same way a bigger ship can safely navigate heavy weather, a cryptocurrency with a much larger market cap is more likely to be a more stable investment than one with a much smaller market cap. Conversely digital currencies with smaller market caps are more susceptible to the whims of the market – and can see huge gains or dramatic losses in their wake.