Crypto market cap chart

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Crypto market cap chart

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In a similar fashion, spot trading volume on the top 10 crypto exchanges collapsed to $0.46 trillion in December, which is down 67.3% from $1.5 trillion in January 2022. The deepest decline in this market occurred during the fourth quarter of the year in the aftermath of FTX's collapse and the resulting contagion that impacted over 1 million estimated depositors, creditors and investors, the report notes. All crypto market cap Despite gathering significant momentum in the final quarter of 2023, the crypto market entered the New Year with a bit of a limp. 

Coinbase crypto prices
It's been a brutal year for the cryptocurrency market. More From Forbes Crypto market cap is calculated by multiplying the total number of coins in circulation by their current price. All crypto market cap

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One of the events that could play a major role in the future increase of the total crypto market cap is the upcoming halving of its representative asset, Bitcoin (BTC), which could lead the flagship decentralized finance (DeFi) token toward the price target of $1 million, as some experts have projected. Crypto Market Cap Want to learn more? Money has a full list of the best crypto exchanges as well as a list of the best crypto wallets (spoiler: Coinbase is listed as the best for beginners on both). You can also check out our full review of the Coinbase crypto wallet.

All crypto market cap
It settled down after that but, on 8 February 2023, it was worth about $1,670 before reaching a high of $1,732.80 on 15 February before a market downturn, exacerbated by the collapse of the Silvergate bank, saw it reach a low of $1,378.53 on 10 March. After that, though, ETH recovered, hitting $1,843.84 – its best price since 11 September – on 19 March before further market activity saw it climb past $1,900 for the first time since August 2022 on 5 April. There were peaks and troughs but once Shapella happened, the price of ETH surged, breaking past $2,000 for the first time since May the following day and, on 14 April, it reached a high of $2,126.32. By 18 April 2023, ETH was worth about $2,110. A Total Crypto Market Cap Index Token BNB is the cryptocurrency issued by Binance, among the largest crypto exchanges in the world. While originally created as a token to pay for discounted trades, Binance Coin can now be used for payments as well as purchasing various goods and services.