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XRP's market cap currently approaches $174 billion. If it increased by 200 times, the cryptocurrency would be worth $34.8 trillion. That's roughly twice the current market caps of the so-called ...
But with the turn of the calendar to 2020, Bitcoin picked up, rising over the next six weeks to above $10,000. In the midst of the stock market downturns during the initial COVID-19 pandemic wave ...
Created by the pseudonymous Satoshi Nakamoto on 3 January 2009, bitcoin has gone from a fringe experiment used by cryptographers, to the world’s seventh most valuable asset with a market cap ...
The market capitalization of a cryptocurrency is calculated by multiplying the price by the number of coins in circulation. The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap value where altcoins have increased and decreased in market cap value in relation to bitcoin.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
The latest rush of post-election crypto enthusiasm has pushed bitcoin above $100,000. The euphoria has led to even bigger gains among other top coins, pushing crypto's total market value to $3.7 ...
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity (person or persons). [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation.