The total value of the crypto currency market is near $2 trillion

[int03h]

Bitcoin's capitalization makes up a large portion of the entire market, and every Bitcoin volatility affects the entire crypto market. The more cryptocurrencies are created the more crypto market capitalization increases. In the past year, DEFI has contributed significantly to the growth of the cryptocurrency market. I think crypto will soon enter real life and replace paper money. If the real world accepts cryptocurrencies even more, then I believe the overall market cap will increase faster.

[Vishnu.Reang]

Bitcoin's capitalization makes up a large portion of the entire market, and every Bitcoin volatility affects the entire crypto market. The more cryptocurrencies are created the more crypto market capitalization increases. In the past year, DEFI has contributed significantly to the growth of the cryptocurrency market. I think crypto will soon enter real life and replace paper money. If the real world accepts cryptocurrencies even more, then I believe the overall market cap will increase faster.

Well.. Bitcoin still makes up more than half of the total market cap. But Bitcoin dominance has been decreasing for some time now. There has been a 12%-15% decrease during the last 6 months or so. Altcoins (especially ETH, LTC, ADA, BNB and DOT) were responsible for most of this decrease, but a notable contribution also came from stablecoins such as USDT, BUSD and USDC. And this is what makes me nervous. Some of the stablecoins seems to be no better than the fed, and they are printing money out of thin air.

[franky1]

brew master is right

a kind of more fair valuation would be to take all the UTXO and to 'price' each coin based on when it last moved as most people 'value' coin when then send/receive it

at the moment the 18,673,250 coins in circulation has a utxo movement value total of about $328bill

(research: realized cap)

Does that matter? The Bitcoins bought at mere cents during 2011, and HODLed can be sold at the current market price today. That would make sense if ONLY those 2011 coins, or whatever year they last moved, can only be sold for the last price they last moved.

you have no clue.. i guess you did not research realized cap.. typical

people dont sell at a loss.. and when those at break-even/profit do sell, the new buyer values the coin at the price they bought it at
todays $59k wont remain at $59k if everyone was to sell their coin.. the 18mill coins are not all worth $59k

ill try to emphasise this three times to avoid your misunderstandings requiring me to repeat basics again
emphasis: not all coins will get the todays price of $59k
emphasis: coins are not all equally at a price of $59k
emphasis: those selling will only sell if they can atleast break even/profit


what you realise is as the price goes down people stop selling if its less than the price they paid for it.
^i wont repeat it but read the above line in your head three times

so if the price went to below $10. only the people buying 2012-2009 would still sell
everyone else will hold

these basic facts of trading. lean into things like 'support lines' and valuations

i hold btc from 2012 when coins were $6.. and i dont actually care bout todays price as i automatically know that i could profit even if the price tanks down by 99.98%
the value of btc is always the value when it has sold. .. i have not sold. so i have not valued btc at $59k

someone buying in February at $60k wont be selling while bitcoin is below $60k.
they hoard and keep a $60k value in their mind even when the price went down to $55k last month

i think you may need to spend some time on a term called 'realized value'..
learn the psychology of things like 'buy low sell high'. 'never sell at a loss'.'hoard'. 'hodl'

i mean i did give a little hint in the end of my message about researching realized value

[RealMalatesta]

According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history.
After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing.
The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion.

I do not care if the lower ends do not worth what they say it worths. However the top 10 coins worth over 1.5 trillion dollars right now. That is more than enough type of proof that we are in a great market right now and I think it will definitely worth 2+ trillion dollars as well (only the top 10). Sure there are places that changes the prices and volumes and whatever but the reality is that if you go to binance or any other place you will realize that those coins do worth that much there as well and you will end up with the same valuation for the market caps.

This is why I do not think that it should matter that much and we should not be worried about the fake ones. I mean how can you doubt how much marketcap bitcoin has, it is obvious that it worths a lot and it is quite proven that it does worth that much money and there shouldn't be any doubt in your mind.

[slapper]

When times come, freedom will be given to anyone who deserves it. Make yourself worthy by investing some of your money in bitcoin and you will never regret it. Soon, bitcoin will become a religion that easily surpasses apple and leaves a long distance behind. The fertility in cryptocurrency is limitless which drives big boys (by saying big boys, I mean big companies, firms, etc) to join the race of accept and support bitcoin

According to my expectation, the crypto market will reach $3 trillion by the end of this year and creates a variety of jobs. So I believe it is best to start learning bitcoin, blockchain, smart contracts, and nft. The possibility of earning has not yet sealed and this trend might last for decades. Be a smart investor by investing money in the market and by obtaining new knowledge to value ourselves

[Hamphser]

Bitcoin's capitalization makes up a large portion of the entire market, and every Bitcoin volatility affects the entire crypto market. The more cryptocurrencies are created the more crypto market capitalization increases. In the past year, DEFI has contributed significantly to the growth of the cryptocurrency market. I think crypto will soon enter real life and replace paper money. If the real world accepts cryptocurrencies even more, then I believe the overall market cap will increase faster.

It all talks and varies with adoption because we wont see sudden spike or increase on overall total cap if it isnt really happening and thats we do all need.

Recognition and acceptance even though not as a whole because not every government will really be looking the same positivity towards this market.

I didnt even thought that this market had reached out $2 Trillion as if we're just hovering around $200B wayback when the market is still on the bearish run
but well everything wont really be like that on forever.

[CarnagexD]

Cryptocurrency is becoming more and more needed by the people, this will further advance and hasten its global reach and adoption. One of the signs it's happening is the market cap for the industry, as we near $2 trillion, people are going to be more FOMOed to not add a few cryptos in their investment portfolios, probably even have crypto as their first assets to be owned. To me, this sparks a very great future for the industry, can't wait for what we have in store in the future.

[Sithara007]

Cryptocurrency is becoming more and more needed by the people, this will further advance and hasten its global reach and adoption. One of the signs it's happening is the market cap for the industry, as we near $2 trillion, people are going to be more FOMOed to not add a few cryptos in their investment portfolios, probably even have crypto as their first assets to be owned. To me, this sparks a very great future for the industry, can't wait for what we have in store in the future.

FOMO was there in 2017 as well. But it didn't turned out well for the ordinary investors. A lot of people accumulated BTC at $15,000-$20,000 levels and the prices fell to $3,500 per coin in less than six months. I don't think that the situation we had in 2018 will repeat, but investors need to make sure that they are investing only as much as they can afford to lose. And I do see a lot of people making investments with little known altcoins. These people need to be extra-vigilant.

[Wind_FURY]

brew master is right

a kind of more fair valuation would be to take all the UTXO and to 'price' each coin based on when it last moved as most people 'value' coin when then send/receive it

at the moment the 18,673,250 coins in circulation has a utxo movement value total of about $328bill

(research: realized cap)

Does that matter? The Bitcoins bought at mere cents during 2011, and HODLed can be sold at the current market price today. That would make sense if ONLY those 2011 coins, or whatever year they last moved, can only be sold for the last price they last moved.

you have no clue.. i guess you did not research realized cap.. typical

people dont sell at a loss.. and when those at break-even/profit do sell, the new buyer values the coin at the price they bought it at
todays $59k wont remain at $59k if everyone was to sell their coin.. the 18mill coins are not all worth $59k

ill try to emphasise this three times to avoid your misunderstandings requiring me to repeat basics again
emphasis: not all coins will get the todays price of $59k
emphasis: coins are not all equally at a price of $59k
emphasis: those selling will only sell if they can atleast break even/profit

Then it’s not “realized cap”. It’s merely UNREALIZED because it’s all based on assumptions IF they do sell. But they’re not selling. NOTHING is realized.

what you realise is as the price goes down people stop selling if its less than the price they paid for it.
^i wont repeat it but read the above line in your head three times

Another mere assumption from you. Some do sell at a loss. It’s a fact about trading.

so if the price went to below $10. only the people buying 2012-2009 would still sell
everyone else will hold

these basic facts of trading. lean into things like 'support lines' and valuations

i hold btc from 2012 when coins were $6.. and i dont actually care bout todays price as i automatically know that i could profit even if the price tanks down by 99.98%
the value of btc is always the value when it has sold. .. i have not sold. so i have not valued btc at $59k

someone buying in February at $60k wont be selling while bitcoin is below $60k.
they hoard and keep a $60k value in their mind even when the price went down to $55k last month

i think you may need to spend some time on a term called 'realized value'..
learn the psychology of things like 'buy low sell high'. 'never sell at a loss'.'hoard'. 'hodl'

i mean i did give a little hint in the end of my message about researching realized value

Realized value is the amount of money anyone can get from the sale of an asset. It doesn’t matter if it has a net gain or a net loss.

[awik p]

Cryptocurrency is becoming more and more needed by the people, this will further advance and hasten its global reach and adoption. One of the signs it's happening is the market cap for the industry, as we near $2 trillion, people are going to be more FOMOed to not add a few cryptos in their investment portfolios, probably even have crypto as their first assets to be owned. To me, this sparks a very great future for the industry, can't wait for what we have in store in the future.

FOMO was there in 2017 as well. But it didn't turned out well for the ordinary investors. A lot of people accumulated BTC at $15,000-$20,000 levels and the prices fell to $3,500 per coin in less than six months. I don't think that the situation we had in 2018 will repeat, but investors need to make sure that they are investing only as much as they can afford to lose. And I do see a lot of people making investments with little known altcoins. These people need to be extra-vigilant.

Moreover, many novice investors tend to be greedy with their dreams without thinking about the risks. and if they choose the wrong altcoin they will be sure the money will turn to ashes, therefore we must be careful and share the risk, so that it does not fall

[Snappycoco]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

[pankowri]

Feeling great to know that cryptocurrency market capacity reached this position. Crypto had to suffer to arrive here. Maybe in this, some altcoin is not genuine so the original market is less than conveyed.  Having all the limitations cryptocurrency gained much and will go far away.

[bryant.coleman]

Feeling great to know that cryptocurrency market capacity reached this position. Crypto had to suffer to arrive here. Maybe in this, some altcoin is not genuine so the original market is less than conveyed.  Having all the limitations cryptocurrency gained much and will go far away.

It is not crypto that has suffered. On the other hand, the cryptocurrency users went through a lot of harassment and torture for trying to popularize cryptocurrency. In India, a Bitcoiner was arrested in Bangalore, for trying to install a Bitcoin ATM. He spent a few days in jail, and his mobile phones and laptops were seized. Many of them fell victims to hacks and scams, losing their hard earned money in the process. I have myself lost large number of coins to various scams and Ponzis (mostly in 2013).

[oHnK]

Following the upward trend in the crypto currency market, the total value of the crypto currency market set a new historical record and was near $2 trillion.
According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history.
After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing.
The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion.

Source: https://cointelegraph.com/news/total-crypto-market-capitalization-posts-new-all-time-high-above-1-9t

Im not suprised if the market value of Crypto has reached its new record. We can see the Crypto trend has been hype for several years. Some of my friends have been familiar because of Crypto, even when they were students at college, they have earned some profit as their passive income from trading Crypto. Now, they have been more success and richer than before. This is one of reason why the Crypto become a trend, This Crypto market have given many answers to everyone that they can earn double profit and become rich. My friend told me that he enteres this market with only 75$ as capital and his capital doubled just for one month and be 1400$. The story has suprised me a lot.

[iv4n]

...

Im not suprised if the market value of Crypto has reached its new record. We can see the Crypto trend has been hype for several years. Some of my friends have been familiar because of Crypto, even when they were students at college, they have earned some profit as their passive income from trading Crypto. Now, they have been more success and richer than before. This is one of reason why the Crypto become a trend, This Crypto market have given many answers to everyone that they can earn double profit and become rich. My friend told me that he enteres this market with only 75$ as capital and his capital doubled just for one month and be 1400$. The story has suprised me a lot.

I can't say I am surprised either! It's something that we waited for to happen, and the only thing we can say now is that another record is broken and we are now heading to 10 trillion... and of course, we know that after breaking 10 trillion we are heading even higher! It's crypto, never sleeps, always working, developing... and for that crypto is rewarded with more attention and affects us all to create new goals!
I will add it was inevitable (like Elon Musk tweeted), therefore it's just a question of time when we will see new records!

[franky1]

Realized value is the amount of money anyone can get from the sale of an asset. It doesn’t matter if it has a net gain or a net loss.

REALIZED value is not 'the amount they can get from the sell'
REALISED value is the value the coin was when the coin moved to their custody


your weirdly stuck in the SELL price mindset
realised value is about the receipt price aka buy price

its not about the seller.. its about the buyer

its not a previous sellers decision price or desire price or exit price
its the new buyers entry price.

try to learn the difference

[Wind_FURY]

Realized value is the amount of money anyone can get from the sale of an asset. It doesn’t matter if it has a net gain or a net loss.

REALIZED value is not 'the amount they can get from the sell'
REALISED value is the value the coin was when the coin moved to their custody

I got the meaning of Realized Value according to these definitions.

https://www.myaccountingcourse.com/accounting-dictionary/realizable-value

Realizable value is the net amount of money that you will to get from selling one of your assets. In other words, realizable value is equal to the sale price of an asset less any applicable fees.

But I believe the concept of “Realized Value” is misapplied. There might be such thing as Realized Value to find the real Market Capitalization of an asset. I want to learn, can you post links on the concept?

your weirdly stuck in the SELL price mindset
realised value is about the receipt price aka buy price

its not about the seller.. its about the buyer

its not a previous sellers decision price or desire price or exit price
its the new buyers entry price.

try to learn the difference

But if the owner of the asset only holds, it’s unrealized value, and the price the current buyers are willing to pay for them is either higher or lower. Bitcoins purchased at $10.00 during 2011 - 2012 is not $10.00 anymore.

[ven7net]

Following the upward trend in the crypto currency market, the total value of the crypto currency market set a new historical record and was near $2 trillion.
According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history.
After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing.
The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion.

Source: https://cointelegraph.com/news/total-crypto-market-capitalization-posts-new-all-time-high-above-1-9t

Indeed, the capitalization of cryptocurrencies is growing and this is far from the limit. This is facilitated by the situation prevailing in our time, namely the difficult situation in the financial and economic spheres. Many people and companies that have savings are now worried about what is happening and understand that they may lose their savings and assets. To solve this problem, they are looking for alternative sources of investment to preserve and increase their capital. BTC and cryptocurrencies now look very promising and both ordinary people and large companies are actively investing in them.

[Kong Hey Pakboy]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

You don't know what you are talking about when you said 100s of trillions because that is quitely close to impossible,  just because bitcoin is growing and it is becoming more popular among the capitalist circles doesn't mean that it will reach 100 trillion, give me one company that has that market cap and I might retract my words.

[Vishnu.Reang]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

You don't know what you are talking about when you said 100s of trillions because that is quitely close to impossible,  just because bitcoin is growing and it is becoming more popular among the capitalist circles doesn't mean that it will reach 100 trillion, give me one company that has that market cap and I might retract my words.

You don't need to respond to noobs posting baseless assumptions. I am getting quite impatient, as the $2 trillion market cap is not yet breached. After $60,000 per coin level for Bitcoin, this is going to be the next major milestone for cryptocurrency. But at the same time, I am not feeling very excited, as I have noticed that some of the shitcoins are also going up due to the overall hype that was created.