How does CoinDesk calculate the cryptocurrency market capitalization?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! CoinDesk calculates the market capitalization of cryptocurrencies by multiplying the total supply of a particular cryptocurrency by its current price. This gives us the total value of all the coins in circulation. CoinDesk then aggregates the market capitalization of multiple cryptocurrencies to provide an overall view of the cryptocurrency market.
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• Dec 28, 2021 · 3 years ago
  CoinDesk uses a simple formula to calculate the market capitalization of cryptocurrencies. They take the price of a cryptocurrency and multiply it by the circulating supply. This gives us the total value of all the coins in circulation. CoinDesk then adds up the market capitalization of all the cryptocurrencies to get the total market capitalization of the cryptocurrency market.
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• Dec 28, 2021 · 3 years ago
  When it comes to calculating the market capitalization of cryptocurrencies, CoinDesk follows a straightforward approach. They multiply the current price of a cryptocurrency by its circulating supply. This gives us the total value of all the coins in circulation. CoinDesk then adds up the market capitalization of all the cryptocurrencies to provide an estimate of the overall cryptocurrency market size. It's important to note that market capitalization is just one metric used to assess the value and size of the cryptocurrency market.
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