rows · Top cryptocurrency prices and charts, listed by market capitalization. Free access to . Jan 25, · CoinMarketCap is one of the most famous crypto data providers in the industry. And it’s Bitcoin historical data goes back to Unlike Nomics, CoinMarketCap’s free API can not be used for commercial purposes. It’s API provides: Cryptocurrencies metadata, crypto market cap, and latest ranking; Crypto trading data from multiple exchanges. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and .
Bitcoin market cap historical dataFree Bitcoin Historical Price Data CSVs (Other Assets Also Covered)
Indeed, according to CoinMarketCap. The previous record was set on December 17th, , in the midst of a speculative bubble, when it reached billion dollars. It is worth noting that the market cap is simply the product that is obtained by multiplying the value of the single token by the number of tokens in circulation.
In December the number of BTC tokens in circulation was about Therefore although the price of these tokens is lower than the previous record, the current market cap is higher due to the higher number of tokens in circulation.
The value of the price of the individual token is not in itself relevant. Or rather, it is the variation of the prices that is very relevant, especially for who buys or sells, but the value of the price in absolute terms is not significant. Instead, the market capitalization is a good estimate of the true market value of a cryptocurrency , so much that it is also used to make the comparisons between the various crypto assets. For example, bitcoin is not the cryptocurrency with the highest value per token, in fact the price of yearn.
It is therefore incorrect to compare the prices of the single tokens, while it is correct instead to compare the market capitalizations, in fact Bitcoin is worth times more than YFI. Despite this, it is the fourth cryptocurrency in the world in terms of market capitalization, with more than 13 billion dollars, while for example LINK Chainlink , which is in fifth place, has a price of Therefore, the fact that Bitcoin has recorded a new historical high for its market capitalization means that, overall, this cryptocurrency has never been more valuable than it is now in all of its history , although for BTC holders it certainly matters more that the price is still below the historical high of December 17th, Class , Marco teaches web-technologies and is an online writer specializing in cryptocurrencies.
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