E-currencies Rates, News, Analytics & Markets

Top news and courses of major electronic coins and virtual e-commerce markets trends for today and forecasts for tomorrow in the news.

# NamePriceChanges 24H Market CapVolume 24HAvailable SupplyPrice Graph (7D)

CryptoCurrency Market Cap Explained

Right now, it’s best to know that crypto markets have got a $500 billion market capitalizations, which means it tops the meteoric bull run. And that number is way too high. But what is market capital, why does it matter, and how can it help evaluate a coin? We’ll break that down now.

Market cap is a well-known metric for traditional securities, but has unique implications in crypto. Market capitalisation is a measure of the value of a security. It commonly contains multiplying the amount of excellent stock shares by the present stock price. On the other hand, crypto is calculated by circulating supply of tokens multiplied by current price. As an example, a coin that has 100 tokens and yo trade it for $10, you multiply it and the result would be $1000 which is the market cap. As for now there are $17 million bitcoins which results in the price of $9300. Bitcoin’s market cap, therefore, is approximately $158 billion.

Commonly, ratios and financial metrics are used to measure the bonds and stocks. Measures such as price-to-earnings ratio, earnings per share, the present ratio, earnings growth, and so on are utilized to examine stocks. Nevertheless, crypto teams don’t publish financial statements, what metrics that do exist are all the more crucial Market cap provides a quick and easy check on how valuable a cryptocurrency is. Today, bitcoin is around $159 billion. Ethereum is the second-biggest, at $67 billion. Ripple ($33 billion, Bitcoin Cash ($25 billion), and EOS ($17 billion) round out the top five.