Nov 17, · Bitcoin has just hit a market capitalization of $ billion for the first time ever. The last all-time high was $ billion back in December when Bitcoin was close to $20, The increase in market cap is mostly due to the growth of the circulating supply of Bitcoin. Aug 21, · Trillion dollar market cap. As you can see in the chart above, Bitcoin could be worth $33, when the total crypto market cap reaches $1 Trillion. In the long-term ( years), we expect crypto market cap to exceed $5 Trillion dollars in the total market cap. Bitcoin’s value adjusted for this market cap will give us $, per bitcoin. The current CoinMarketCap ranking is #6, with a market cap of $5,,, USD. It has a circulating supply of 18,, BCH coins and a max. supply of 21,, BCH coins. The top exchanges for trading in Bitcoin Cash are currently Binance, Huobi Global, 24crypto.de, HBTC, and Dsdaq. You can find others listed on our crypto exchanges page.
Market cap of all bitcoinsBitcoin's Market Cap is 4% Away from New All-Time High of $ Bln: River Financial Cofounder
The unending issuances had previously even led to academic research that attributed the entire Bitcoin rally of as a result of excessive USDT being pumped into the crypto market. Tether, on its part, maintains that all of its issuance has been audited by a third-party company, but has failed to provide more details.
Despite such controversy, traders and investors continue to use Tether every day. Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now. News Coins. By Shaurya Malwa 2 min read. It is estimated that close to 4 million Bitcoins are lost forever and cannot be recovered.
Many of the Bitcoins in circulation are owned by exchanges with Coinbase leading the race with around 1 million BTC. From a technical standpoint, it seems that Bitcoin is unstoppable right now and facing very little opposition to the upside. On the 4-hour chart, bulls created an ascending wedge that was broken several hours ago. Do you think Bitcoin bulls have what it takes to push the digital asset above its all-time high? The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto.
This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.