Bitcoin’s Realized Market Cap Hits $378B, Total Market Cap at $880B | Benzinga

0 8
According to the metrics site Glassnode, Bitcoin's (CRYPTO: BTC) 'realized' market capitalization today reached an all-time high of $378 billion. Today Bitcoin's price reached $48,000 before falling sharply to $46,700. CoinGecko reports that Bitcoin's total market cap at $880 billion. The measurement of market capitalization is a multiplication of all circulated coins by the current coin price. The realized cap is a method of assessing Bitcoin's market cap based on the price at which each coin last moved.  Through realized cap's value, people can measure whether Bitcoin is overvalued or not.  Bitcoin has increased by 9.5% this week and 42.5% this month.  Join ZINGERNATION and earn ZING, a new cryptocurrency we launched aimed to reward members as we build a community to find and share great trading and investing o
Subscribe or log in to read the rest of this content.
Leave A Reply

Your email address will not be published.

At The Centre of Every Trade