The total crypto market capitalization is currently $?2.11T The Bitcoin price is $?60,034 after a
The total trading volume of the cryptocurrency market in the last 24 hours was $?281.39B. The crypto market sentiment is currently estimated as Neutral with the crypto Fear & Greed Index displaying a reading of 51 (Neutral), 42% of cryptocurrencies have gained value in the last 24 hours, while 58% of cryptocurrencies have lost value.
Market Insights
Our cryptocurrency market insights will help you stay on top of interesting developments in the cryptocurrency market. View new crypto coins, trending crypto assets, as well as potentially undervalued cryptocurrencies.
Today's biggest crypto gainer is SUPER, with the SuperVerse price seeing a
Crypto Market 101: A beginner's guide to the cryptocurrency market
The cryptocurrency market can be difficult to navigate for beginners. Our crypto market overview section provides a comprehensive overview of the most important data you need to know to evaluate the current state of the cryptocurrency market.
Crypto Market Cap
The total cryptocurrency market capitalization is a measure of the market capitalizations of all cryptocurrencies combined. The total crypto market cap can be used to estimate the relative size of the crypto market compared to other asset classes, such as stocks, real estate and gold. In addition, fluctuations in the cryptocurrency market cap provide insight into the current cryptocurrency market trend.
Bitcoin Dominance
Bitcoin dominance is a measure of how much of the total cryptocurrency market cap is represented by BTC. Bitcoin was the first cryptocurrency ever invented, and remains the largest cryptocurrency in terms of market capitalization to date. Cryptocurrencies other than Bitcoin are often collectively referred to as alternative cryptocurrencies, or “altcoins”. The changes in the ratio between the Bitcoin market cap and the market cap of altcoins can provide valuable insights into cryptocurrency market trends.
Crypto Trading Volume
Trading volume measures the amount of cryptocurrency that was traded during a given period of time, most commonly in 24 hours. Trading volume is usually expressed in dollar terms, but you might also see volume denoted in BTC or ETH, depending on the context. Often, increasing trading volume is connected to high price volatility. When prices are very volatile, there’s more opportunities to turn a profit, which attracts more traders to the market.
Trending Cryptocurrencies and New Crypto Coins
New cryptocurrency projects are being launched on a daily basis. At CoinCodex, we strive to provide information on as many crypto projects as possible, and list new coins every day. We also provide a ranking of trending cryptocurrencies, which are coins that are growing in popularity among CoinCodex users. This helps you determine which cryptocurrencies are currently seeing a lot of interest.
Crypto Fear & Greed and Sentiment
Cryptocurrency markets are highly speculative, and market movements are often dictated by sentiment instead of fundamental factors. A popular way to measure sentiment in the cryptocurrency market is the Bitcoin Fear & Greed Index, which uses factors such as trading volume, price volatility, social sentiment and more to estimate how investors are feeling about the cryptocurrency market.
If investors are exhibiting a lot of greed, it's worth considering whether the market is overextended and due for a correction. When fear is the dominant sentiment in the market, on the other hand, there can be good opportunities for buying.
Besides the Fear & Greed index, crypto investors also use other popular tools like the Bitcoin Rainbow Chart to estimate whether Bitcoin is overvalued or undervalued. This can also be useful for people who are interested in altcoins, as altcoins often follow the price movements of Bitcoin.