What is the market cap of all cryptocurrencies
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At its core, blockchain is a type of database or ledger that records transactions across multiple computers in a secure and transparent manner. Unlike traditional centralized databases, blockchain is decentralized. This means no single entity has control over the data, making it harder to tamper with.
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What are all the cryptocurrencies
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The UK’s Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
Related Links Are you ready to learn more? Visit our glossary and crypto learning center. Are you interested in the scope of crypto assets? Investigate our list of cryptocurrency categories. Are you interested in knowing which the hottest dex pairs are currently?
Welcome to CoinMarketCap.com! This site was founded in May 2013 by Brandon Chez to provide up-to-date cryptocurrency prices, charts and data about the emerging cryptocurrency markets. Since then, the world of blockchain and cryptocurrency has grown exponentially and we are very proud to have grown with it. We take our data very seriously and we do not change our data to fit any narrative: we stand for accurately, timely and unbiased information.
Market cap of all cryptocurrencies
Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.
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The Bitcoin market cap is currently 2,045.90 billion. We arrive at this figure by multiplying the price of 1 BTC and the circulating supply of Bitcoin. The Bitcoin price is currently $ 102,997 and its circulating supply is 19.86 million. If we multiply these two numbers, we arrive at a market cap of 2,045.90 billion.