What is the market cap of Bitcoin according to CoinMarketCap?
FriddeDec 30, 2021 · 3 years ago3 answers
Can you tell me the current market capitalization of Bitcoin according to CoinMarketCap? I'm interested in knowing the total value of all the Bitcoins in circulation.
3 answers
- Dec 30, 2021 · 3 years agoSure! The current market cap of Bitcoin according to CoinMarketCap is approximately $1.2 trillion. This value represents the total market value of all the Bitcoins in circulation, calculated by multiplying the current price of Bitcoin by the total number of Bitcoins in existence. It's a significant milestone for Bitcoin and reflects its growing popularity and acceptance as a digital asset.
- Dec 30, 2021 · 3 years agoThe market cap of Bitcoin according to CoinMarketCap is around $1.2 trillion. This figure is constantly changing due to the volatility of Bitcoin's price and the number of Bitcoins in circulation. It's important to note that market cap is just one metric used to evaluate the value and size of a cryptocurrency. Other factors, such as trading volume and liquidity, also play a role in determining the overall market perception and demand for Bitcoin.
- Dec 30, 2021 · 3 years agoAccording to CoinMarketCap, the current market cap of Bitcoin stands at approximately $1.2 trillion. This valuation is based on the latest price of Bitcoin and the total supply of Bitcoins in circulation. It's worth mentioning that CoinMarketCap is a widely recognized and trusted source for cryptocurrency market data, providing real-time information on prices, market capitalization, and other relevant metrics. Keep in mind that market cap can fluctuate due to market conditions and investor sentiment.
Related Tags
Hot Questions
- 97
How can I protect my digital assets from hackers?
- 90
How can I buy Bitcoin with a credit card?
- 72
Are there any special tax rules for crypto investors?
- 71
What are the best digital currencies to invest in right now?
- 65
What are the best practices for reporting cryptocurrency on my taxes?
- 57
What are the tax implications of using cryptocurrency?
- 50
How does cryptocurrency affect my tax return?
- 43
How can I minimize my tax liability when dealing with cryptocurrencies?