Bitcoin wasn't the only cryptocurrency to be hit on Friday, as most cryptocurrencies experienced similar plunges, wiping out anywhere from a quarter to a third of
overall cryptocurrency market capitalization.
In the space of a week,
the overall cryptocurrency market capitalization (according to Coinmarketcap data) had dropped to $ 276.8 bln, losing over $ 100 bln in value in that timeframe before seeing gains of over $ 100 bln today.
Not exact matches
With 2017 witnessing a slew of
cryptocurrency hedge funds being incorporated, we can expect a major boost in the
overall market capitalization of digital currencies in the coming year.
Cryptocurrencies have lost some fiat value over the past few days as the entire
market of over 1,500 digital assets has shaved billions off the
overall market capitalization.
Presently, bitcoin's price - per - coin valuation and
overall market capitalization are higher than any other
cryptocurrency in the world.
The
overall market capitalization of all
cryptocurrencies (including Bitcoin) fell just shy of $ 18 billion at the start of the year.
From July 1st to Dec. 10th, bitcoin dominance (or its percentage of total
cryptocurrency market capitalization) increased from 41 % to 66 % - even as the
overall market cap of all
cryptocurrencies was increasing outside of bitcoin.
The
market on
cryptocurrency has grown drastically over the past year with a
market capitalization or
market cap topping $ 180 billion
overall.
That milestone was buoyed by an
overall lift in
cryptocurrency prices that pushed the collective
market capitalization above $ 170 billion for the first time.
The increase was mainly driven by the
overall upward trend in digital currency prices that's resulted in the growth of the
cryptocurrency market capitalization by more than $ 170 bln.
At the beginning of the month, CoinMarketCap, an online source for
cryptocurrency market capitalization figures and price movements, decided to unexpectedly remove South Korean exchanges valuations from its reported averages, causing a significant decline in the
overall market cap and individual currency prices.
Those gains — as well as ones seen with other
cryptocurrencies — have resulted in the
overall market capitalization rising above $ 300 billion for the first time.
Those gains - as well as ones seen with other
cryptocurrencies - have resulted in the
overall market capitalization rising above $ 300 billion for the first time.
The dollar amount stolen from Coincheck is likely greater than the amount stolen from Mt. Gox in 2014, though the impact on the
cryptocurrency market will be much smaller, given the immense increases in the
overall market capitalization over the past year.
Overall, April is getting off to a hot start for
cryptocurrencies as the total
market capitalization is now a record $ 27 billion.
As reported by CoinDesk today, the
overall cryptocurrency market is down more than 50 percent from the highs seen in early January, when the
overall market capitalization was north of $ 800 billion.
CoinMarketCap, an online source for
cryptocurrency market capitalization figures and price movements, decided to unexpectedly remove South Korean exchanges valuations from its reported averages, causing a significant decline in the
overall market cap and individual currency prices over the last 24 hours.
Overall, the total
market capitalization of all
cryptocurrencies clocked a weekly high of $ 356...
Overall, during the period from March 19 - 25, 2018, the price of 411 of the top 500
cryptocurrencies and digital assets appreciated, resulting in a growth in
cryptocurrency market capitalization by more than $ 30 billion.