How does CoinDesk calculate the cryptocurrency market capitalization?
MorisanderAug 28, 2021 · 4 years ago3 answers
Can you explain the methodology used by CoinDesk to calculate the market capitalization of cryptocurrencies?
3 answers
- Gift EmmanuelNov 12, 2025 · 9 days agoSure! CoinDesk calculates the market capitalization of cryptocurrencies by multiplying the total supply of a particular cryptocurrency by its current price. This gives us the total value of all the coins in circulation. CoinDesk then aggregates the market capitalization of multiple cryptocurrencies to provide an overall view of the cryptocurrency market.
- Jeevan GopinathJan 25, 2024 · 2 years agoCoinDesk uses a simple formula to calculate the market capitalization of cryptocurrencies. They take the price of a cryptocurrency and multiply it by the circulating supply. This gives us the total value of all the coins in circulation. CoinDesk then adds up the market capitalization of all the cryptocurrencies to get the total market capitalization of the cryptocurrency market.
- shahraza zaidiSep 07, 2020 · 5 years agoWhen it comes to calculating the market capitalization of cryptocurrencies, CoinDesk follows a straightforward approach. They multiply the current price of a cryptocurrency by its circulating supply. This gives us the total value of all the coins in circulation. CoinDesk then adds up the market capitalization of all the cryptocurrencies to provide an estimate of the overall cryptocurrency market size. It's important to note that market capitalization is just one metric used to assess the value and size of the cryptocurrency market.
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