Nov 20, · The total market capitalization of Bitcoin (BTC) has exceeded that of Mastercard’s today, placing the cryptocurrency on the 16th spot among the world’s largest companies, according to tracking platform AssetDash.. Bitcoin’s market cap amounts to nearly $ billion while the coin’s price hovers around $18, According to AssetDash’s data, Bitcoin’s capitalization increased by 3%. The global crypto market cap is $B, a % increase over the last day. Read more The total crypto market volume over the last 24 hours is $B, which makes a % decrease. Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price.
What is the market cap of bitcoin todayBitcoin Dominance Index Chart — TradingView
Bitcoin vs Gold: Bitcoin bull Anthony Pompliano believes the cryptocurrency will reach a higher market cap than gold in the next ten years. Think approximately a decade is rather conservative, so trying to account for many things that could possibly happen to slow growth.
Comparing the two alternative assets, gold is currently around 40 times more than Bitcoin in market capitalisation. Should that come to be the case, it would require an enormous accelerated gain in value from Bitcoin from both a value point-of-view and a trading perspective. The asset was developed and launched just over a decade ago, and has seen an enormous gain in market cap, trading price, and popularity since inception and it continues to show signs of bullish growth.
The gold market in the past decade has remained mostly stable, with the exception of a sharp decline in From there, the precious metal regained its value to see a positive incline in value over the past two years.
Bitcoin dominance touched On the weekly chart, Bitcoin Dominance completed the Elliott wave pattern and now the ABC correction wave is going on. The B wave is completed with a Some Elliott Wave for you. I believe we'll begin to see a significant pullback here now, which will result in the strengthening of the altcoins in Q1 Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for Finger Crossed.
Anyone that bought the dip on Alts, very ballsy! Hat's off to you if it work out. As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again. D Index Chart. Visit Business Insider's homepage for more stories.
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