Crypto market cap, short for cryptocurrency market capitalization, indicates the overall value of all coins that have been mined. The world of crypto now contains many coins and tokens that we feel unable to verify. In those situations, our Dexscan product lists them automatically by taking on-chain data for newly created smart contracts. We do not cover every chain, but at the time of writing we track the top 70 crypto chains, which means that we list more than 97% of all tokens.
This would come as cheaper borrowing encourages investment in high-growth assets. The influence of US economic events and policies on Bitcoin and crypto in general continues to grow. This makes the anticipated data points particularly important for traders and investors. Our comprehensive guides provide clear, step-by-step instructions accompanied with images.
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Also, because they’re decentralized, cryptocurrencies lack standard pricing, unlike fiat, which is regulated by governments.
Based on these, crypto traders will watch for clues about the Fed’s stance on inflation. This is more so considering recent data showed no significant re-acceleration. All of these economic conditions influence the price of a specific coin/token in their own way.
Total market cap
After all, at one point in time, Bitcoin was worth a few pennies, whereas now it’s valued at tens of thousands of dollars. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Despite the price jump, on-chain data points to fragility beneath the surface, CryptoQuant analysts said in a Tuesday report. Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. Some of these coins are very similar to Bitcoin, with just one or two amended features (such as Litecoin), while others are very different, with varying models of security, issuance and governance.
- Until China enters crypto, BTC still depends on US liquidity,” one user noted.
- From dApps and staking solutions to Telegram trading bots and exchanges, we provide in-depth reviews and curated top lists to help you confidently choose the right products in the crypto space.
- However, rising claims could fuel recession fears, prompting the Fed to consider rate cuts.
- We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.
- The total volume in DeFi is currently $6.52B, 6.68% of the total crypto market 24-hour volume.
- CryptoQuant’s demand momentum metric, which tracks new investor interest, has deteriorated further to its most bearish level since October 2024, the report noted.
Properly understanding the cryptocurrency market can be complex and take time, so that is why we make it simpler by focusing on key metrics like prices, market caps, and volume. For both beginners and seasoned investors, the price action https://token-estra.com/ is an essential indicator of the market’s overall health and activity. By aggregating data from top exchanges, COIN360 provides a detailed snapshot of the market caps, price movements, and trading volumes of over 5000 tokens.
Dominance by market cap
These events collectively shape the crypto market sentiment this week, intertwining monetary policy, economic health, and investor psychology. The largest crypto by market capitalization rose just shy of $93,400 following Trump’s comments, its strongest price since early March. Altcoins followed BTC higher, with Ethereum’s ether (ETH) rising 8% over the past 24 hours above $1,700, and dogecoin (DOGE) and Sui’s native token (SUI) gaining 8.6% and 11.7%, respectively.
Coins
The volume of all stable coins is now $91.01B, which is 93.31% of the total crypto market 24-hour volume. The global crypto market cap is $2.91T, a 0.15% increase over the last day. “The next FOMC meeting is on the first week of May, can investors wait? Until China enters crypto, BTC still depends on US liquidity,” one user noted. Despite JPMorgan’s fears and urges, the ongoing crypto market bloodbath notwithstanding, no emergency meetings are announced for April as per the Fed’s official calendar.
According to the bank, the FED might be forced to cut rates before the next meeting. Notably, the next FOMC meeting after the April 9 minutes will be May 6-7, 2025. However, some prices are excluded from the average if the price isn’t indicative of a free market price. For example, an exchange can disable withdrawals or deposits, making it impossible for anyone else outside of the specified geographical region to use it. Currently, there are over 14,370 different cryptocurrencies in existence, with more being created every day. Participants must stay agile and blend data insights with market reactions to develop informed strategies.