How much is the cryptocurrency market cap?

The market cap now hangs at $927 billion, according to Coinmarketcap, ahead of the Wednesday's Fed meeting where policymakers are expected to deliver the third 75-basis-point hike of the year to combat runaway prices.

What is a high cap cryptocurrency?

Bitcoin (BTC), for instance, had a so-called "high cap" - a market cap worth more than 10 billion U.S. dollars - indicating this crypto project has a certain track record or, at the very least, is considered a major in the cryptocurrency space.

What is the market cap of Bitcoin (BTC)?

For instance, as of this writing bitcoin’s (BTC) market cap is approximately $444 billion. We get to this number by multiplying the price of bitcoin– $23,003–by the total number of bitcoins created, approximately 19.1 million. We can repeat this function for every asset. For instance, ether (ETH ETH 0.0%) has a market cap of $196 billion.

What does market capitalization mean in crypto?

In the stock market, market capitalization refers to the total market value of all outstanding shares of a company. It’s similar in cryptocurrency, except cryptos don’t represent equity in a company like stocks.