What is cryptocurrency market capitalization?

The market capitalization of cryptocurrencies is the total value of all cryptocurrencies in circulation. It is calculated by multiplying the current price of each cryptocurrency by its total available supply.

This indicator allows to know the size and relevance of each digital asset within the market. By adding up the capitalization of all cryptocurrencies, the total capitalization of the crypto market is obtained. In general, cryptocurrencies with higher capitalization are usually considered more stable or dominant.

It is important to keep in mind that this metric is highly volatile, as prices can change rapidly due to factors such as demand, investor sentiment, regulatory changes, technological innovations or macroeconomic trends.

For up-to-date data on total capitalization or for a specific cryptocurrency, such as Bitcoin, you can visit CoinMarketCap.