![]() ![]() This represents a -3. Market Cap Current Share Price Total Number of Shares Outstanding For example, a company with 20 million shares selling at 100 a share would have a market cap of 2 billion. Nevertheless, in June stablecoin trading volumes rose 16.6% to $482 billion after numerous traditional finance giants, including BlackRock, Fidelity and Invesco, filed to list spot Bitcoin exchange-traded funds (ETFs) in the United States. The price of XRP (XRP) is 0.741741 today with a 24-hour trading volume of 1,569,012,318.31. These declines saw the stablecoin market dominance of the cryptocurrency space fall from 10.5% in June to 10.3%. Cryptocurrency Prices, Charts, Daily Trends, Market Cap, and Highlights Coinbase Explore the cryptoeconomy In the past 24 hours the market is down 1.63 New on Coinbase XRP XRP Added Jul 13 Helium HNT Added Jul 12 Osmosis OSMO Added May 25 Trending 24h views API3 API3 168.58 views UMA UMA 57.48 views SUKU SUKU 20. USDC in particular has seen its seventh consecutive monthly decline, to now have its lowest market capitalization since June 2021. ![]() Read More Show Fully Diluted Valuation 1 2 3 4 5. In contrast, USDC and BUSD saw declines of 3.01% and 4.57% to $26.9 billion and $3.96 billion respectively. Cryptocurrency Prices by Market Cap Show Stats The global cryptocurrency market cap today is 1.25 Trillion, a 0.1 change in the last 24 hours. Market capitalization in billion U.S.The stablecoin sector has kept on declining over the month of July up until the 17 th, marking its sixteenth monthly decline to its lowest level since August 2021, falling 0.82% to $127 billion.Īccording to CCData’s latest Stablecoins & CBDCs report, this month USDT continued to remain the dominant stablecoin with a new all-time high mart capitalization of $83.8 billion, accounting for 65.9% of the stablecoins sector. As such, few firms accept payment in cryptocurrencies. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market. However, this does little for price stability. Market capitalization is used to determine the ranking of cryptocurrencies. ![]() This volatility attracts investors who hope to buy when the price is low and sell at its peak, turning a profit. This gives cryptocurrency investors an idea of the overall market size, and watching the evolution of the measure tells how much money is flowing in or out of each cryptocurrency.Ĭryptocurrency as an investment The price of Bitcoin has been erratic, and most other cryptocurrencies follow its larger price swings. However, cryptocurrency analysts calculate it as the price of the virtual currencies times the number of coins in the market. Commonly referred to as 'market cap,' it is calculated by multiplying a companys shares. Check available crypto lending platforms and get info on the current DeFi interest rates for more than 50 cryptocurrencies, including BTC, ETH, XRP, USDT, DAI and others. Market capitalization refers to the total dollar market value of a companys outstanding shares. What is market cap? Market capitalization is a financial measure typically used for publicly traded firms, computed by multiplying the share price by the number of outstanding shares. CoinMarketCap Interest is the definitive data hub for cryptocurrency and decentralized finance (DeFi) lending. Get the latest Coinbase Global Inc (COIN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Bitcoin's market cap made up the majority of the overall market capitalization. Ethereum (ETH) 4,724 Ripple (XRP) 3.30 Binance Coin (. That value declined in the summer of 2023, however, as international uncertainty grew over a potential recession. Bitcoin reached its all-time high price of 67,549 in November of 2021. It is estimated that the cumulative market cap of cryptocurrencies increased in early 2023 after the downfall in November 2022 due to FTX. ![]()
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