Cryptocurrency market capitalization 2013-2019

The cumulative market capitalization of cryptocurrencies was 237.1 billion U.S. dollars, up from the 2018 value of 128.78 billion. Until 2016, the total market cap was below 18 billion U.S. dollars.

What is market cap?

Market capitalization is a financial measure typically used for publicly traded firms, computed by multiplying the share price by the number of outstanding shares. However, cryptocurrency analysts calculate it as the price of the virtual currencies times the number of coins in the market. This gives cryptocurrency investors an idea of the overall market size, and watching the evolution of the measure tells how much money is flowing in or out of each cryptocurrency.

Cryptocurrency as an investment

The price of Bitcoin has been erratic, and most other cryptocurrencies follow its larger price swings. This volatility attracts investors who hope to buy when the price is low and sell at its peak, turning a profit. However, this does little for price stability. As such, few firms accept payment in cryptocurrencies.

Market capitalization of cryptocurrencies from 2013 to 2019

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Source

Release date

January 2020

Region

Worldwide

Survey time period

2013 to 2019

Supplementary notes

Year-end values.

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Statistics on "Cryptocurrencies"

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