Top Cryptocurrencies by Market Cap
The global cryptocurrency market cap stands at €2.82 trillion, reflecting a 1.64% increase over the last 24 hours. Below is a summary of the top 10 cryptocurrencies based on market capitalization:
| Rank | Name | Symbol | Price (€) | 24h % Change | Market Cap (€) | Volume (24h) |
|---|---|---|---|---|---|---|
| 1 | Bitcoin | BTC | 91,916.92 | +2.10% | €1.83T | €40.29B |
| 2 | Ethereum | ETH | 2,100.52 | +2.33% | €253.03B | €13.45B |
| 3 | Tether | USDT | 0.8505 | +0.19% | €134.24B | €53.27B |
| 4 | XRP | XRP | 1.86 | +0.02% | €109.93B | €2.32B |
| 5 | BNB | BNB | 560.06 | +1.99% | €78.88B | €1.23B |
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Key Trends in the Crypto Market
- Bitcoin dominance: BTC accounts for ~40% of total market cap.
- Stablecoin activity: Tether (USDT) and USDC dominate trading volumes.
- Ethereum upgrades: ETH continues to benefit from network improvements.
FAQ Section
Q: How is market capitalization calculated?
A: Market cap = Current price × Circulating supply. It reflects the total value of a cryptocurrency.
Q: Why do stablecoins like USDT have high volumes?
A: Stablecoins are used for trading pairs and hedging against volatility.
Q: What drives short-term price changes?
A: Factors include news events, exchange flows, and macroeconomic trends.
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Additional Cryptocurrencies
Beyond the top 10, notable assets include:
- Solana (SOL): €68.1B market cap, +1.55% (24h).
- Cardano (ADA): €17.01B market cap, +3.34% (24h).
- Dogecoin (DOGE): €20.8B market cap, +2.61% (24h).
Final Thoughts
The crypto market remains dynamic, with opportunities for both short-term traders and long-term investors. Always conduct your own research before making decisions.