Commonly associated with the website CoinMarketCap in the crypto community, a market cap is the total value held in a cryptocurrency. The website lists nearly all cryptocurrencies’ market caps and serves as a major point of reference for investors.
Circle's Stablecoin USDC Affected by Collapsed Bank
Circle's USDC stablecoin briefly de-pegged after news that $3.3 billion of its cash reserves were stuck with collapsed bank Silicon Valley Bank. USDC's dollar peg has since recovered, but mass redemptions have led to a drop in the stablecoin's market cap by nearly 10% since March 11.
Bitcoin's Market Cap Surpasses Meta's Despite Turbulent Week for Crypto
Bitcoin's market cap has surpassed that of tech giant Meta, despite a turbulent week for the crypto market following the downfall of Silicon Valley Bank and Signature Bank. Bitcoin's market cap has risen 9.7% in the past 24 hours, sitting at $471.86 billion and ranking it 11th among top assets by market cap.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
Growth of Blockchain Market will Reach $67.4B by 2026: MarketsandMarket Report
MarketsandMarkets, a revenue impact and advisory firm, released a new market research report on July 4, stating that the market global trend is witnessing the growing popularity of cryptocurrencies.
Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity
Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.
Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continues to suffer by losing $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months.
How Crypto Market Reacted After Biden's Executive Order on Digital Currencies
Here is how the crypto market reacted to the latest US government's Executive Order on digital currencies.