How do you calculate Bitcoin's Market Capitalisation?It’s quite similar to calculating the market cap of a share.
To calculate the market capitalization of a cryptocurrency, you need to know two things:
1. The current market price of the cryptocurrency
2. The total number of coins or tokens that have been issued.
Then all you do is multiply the market price and the total number of coins or tokens.
Let’s calculate the market cap of Bitcoin…
The current market price for bitcoin is $16,939 and the current number of tokens in circulation are 19,255,318.
To calculate the market capitalization of Bitcoin, you would multiply the market price by the total supply.
Bitcoin market cap = $16,939 X 19,255,318
= $329,021,194,902
You can go on Google and type in what the price of a Crypto coin is and then what the number of tokens are in circulation.
Then multiply the two and you’ll have the market cap.
If you have a trading question, ask in the comments.
Trade well, live free,
Timon
MATI Trader (Trader since 2003)
