Sometimes the best thing to do for perspective and clarity is to take a 10,000 foot view. That is exactly what we are going to do now by looking at the daily chart of total cryptocurrency market capitalization.
Market Capitalization
If you are not sure what market cap is – it is actually rather easy. It is simply to total value of all cryptocurrency assets that are tracked.
So of the coins represent a large majority of the market cap, such as Bitcoin, while others are little blips on the map, similar to what a penny stock would be on stock market.
What is
The Total Crypto Market Cap Tells a Clear Story
May 17, 2019
Published by timm
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