The global crypto market cap is $2.32T, a 0.41% increase over the last day.
The total crypto market volume over the last 24 hours is $106.91B, which makes a 1.30% increase. The total volume in DeFi is currently $13.31B, 12.45% of the total crypto market 24-hour volume. The volume of all stable coins is now $83.79B, which is 78.37% of the total crypto market 24-hour volume.
Bitcoin's price is currently $56,445.09.
Bitcoin’s dominance is currently 45.87%, a decrease of 0.53% over the day.
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Welcome to CoinMarketCap.com! This site was founded in May 2013 by Brandon Chez to provide up-to-date cryptocurrency prices, charts and data about the emerging cryptocurrency markets. Since then, the world of blockchain and cryptocurrency has grown exponentially and we are very proud to have grown with it. We take our data very seriously and we do not change our data to fit any narrative: we stand for accurately, timely and unbiased information.
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We receive updated cryptocurrency prices directly from many exchanges based on their pairs. We then convert the number to USD. A full explanation can be found here.
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Does CoinMarketCap.com List All Cryptocurrencies?
No, we do not list all cryptocurrencies at CoinMarketCap. As a company and team, we are very aware that not all coins and projects have good intentions. While we cannot guarantee to exclude them all, we have a vetting process that each coin goes through before it is listed on the site. If we suspect that a coin or project is a scam, it does not get listed.
How Big Is the Global Coin Market?
At the time of writing, we estimate that there are around 8,000 coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. This process controls how many of the cryptocurrencies from the global market are represented on our site.
What Is an Altcoin?
The very first cryptocurrency was Bitcoin. Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. Many people have done exactly this. Some of these coins are very similar to Bitcoin, with just one or two amended features (such as Becca by Rebecca Virtue Women's Jordan Tab Side Hipster Bikini B), while others are very different, with varying models of security, issuance and governance. However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin.
What Is an ICO?
ICO stands for initial coin offering. Many of the smaller projects in the crypto space — and a few of the largest ones — raised money from private investors around the world in the crypto equivalent of a crowdfunding campaign. Investors would send funds — usually in the form of Bitcoin — to the project and receive coin or tokens in return. Most ICOs happened in 2017 and early 2018 and used Ethereum as a platform of operation via the ERC-20 standard. In 2018, the United States Securities and Exchange Commission (SEC) clarified their rules relating to fundraising for assets, which made it much harder for new cryptocurrency projects to issue their own tokens in this way. Since the appearance of the SEC guidance and the organization’s heightened interest in regulating ICOs for U.S. citizens, the number of ICOs has been reduced substantially.
What Is a Stablecoin?
Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.
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