The crypto market in four numbers
Market capitalisation of all cryptocurrencies, the share held by Bitcoin and Ethereum, and the capital parked in stablecoins.
Market capitalisation of all cryptocurrencies, the share held by Bitcoin and Ethereum, and the capital parked in stablecoins.
- Total market cap
- $2.9T
- Bitcoin dominance
- 58.84 %
- Ethereum dominance
- 11.39 %
- Stablecoins
- $285.4B
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How to read the chart
These four numbers frame every other chart on this page. The total market capitalisation shows how the crypto market is valued right now. The shares of Bitcoin and Ethereum show how concentrated it is in the two largest coins: when both shares rise, money is flowing into the large coins, when they fall, into the smaller ones.
The stablecoin figure measures capital that sits in the market without betting on prices. When it grows, new stablecoins have been issued against dollars, so money has entered the crypto market. When it shrinks, holders have redeemed stablecoins for dollars. All four values are fetched again every five minutes.
How this number is produced
Total market capitalisation is price times circulating supply, summed across every cryptocurrency tracked by CoinMarketCap. A coin’s dominance is its share of that total. The stablecoin figure counts dollar-pegged tokens only.
What it does not say
Circulating supply is an estimate, not a measurement: lost and permanently locked holdings are counted. A rise in market capitalisation also does not mean an equivalent amount of money flowed in, because small trades move the price of the entire supply.
- Source
- CoinMarketCap
- Update interval
- 5 min
- CC BY 4.0
- CC BY 4.0
Frequently asked questions
What is included in the total crypto market capitalisation?
Every coin and token that CoinMarketCap lists with a price and a circulating supply, including stablecoins and very small coins. Because the market is highly concentrated, the largest coins dominate the sum: Bitcoin and Ethereum together usually account for more than half of the total market capitalisation.
Why does the amount of stablecoins matter?
Stablecoins are the cash of the crypto market. Traders who close a position often park the proceeds in stablecoins, and buyers frequently pay with them. A growing supply therefore shows capital that can move into other coins at any time. Which way it will move, the number alone does not say.
Why does the market capitalisation differ from other websites?
Every data provider keeps its own list of coins and estimates circulating supply itself. CoinMarketCap and CoinGecko therefore never arrive at the same amount. For the direction of the market this barely matters, for the exact amount it does. When comparing values, stick to one source.
If you want to buy or sell based on these numbers, you can compare the fees and regulation of providers here: Crypto exchanges compared