Total Crypto Market Cap, Bitcoin Dominance & Volume | CoinCodex

Our market overview page provides a big picture perspective on the major trends in the cryptocurrency market. We display real-time data for the total cryptocurrency market cap, trading volume, Bitcoin dominance and gainers vs. losers ratio. You can also track the BTC/ETH ratio, which is one of the most significant metrics in the cryptocurrency ecosystem.

How is the total cryptocurrency market cap calculated?

The total cryptocurrency market cap (capitalization) is calculated by adding together the market capitalization of all of the cryptocurrencies listed on CoinCodex. We arrive at a cryptocurrency’s market cap by multiplying its price with the amount of units in circulation. For example, let’s imagine a cryptocurrency called CodexCoin (CODEX). If 1 CODEX is trading at $10 and CodexCoin has a circulating supply of 10 million coins, the market cap of CodexCoin would be $100 million.

What is Bitcoin dominance?

The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling. We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin. For example – if the total cryptocurrency market cap is $100 billion and the market cap of Bitcoin is $55 billion, BTC dominance would be 55%.

How is total cryptocurrency volume calculated?

We calculate the total cryptocurrency volume by adding together the volume (expressed in USD) from all of the pairs on all of the exchanges listed on CoinCodex. The total volume shows us the activity of the cryptocurrency market – usually, trading volumes soar during large price swings as traders seek to capitalize on big price movements.