It is estimated that the cumulative market cap of cryptocurrencies increased in early 2023 after the downfall in November 2022 due to FTX. That value declined in the summer of 2023, however, as international uncertainty grew over a potential recession. Bitcoin's market cap made up the majority of the overall market capitalization. What is market cap? Market capitalization is a financial measure typically used for publicly traded firms, computed by multiplying the share price by the number of outstanding shares. However, cryptocurrency analysts calculate it as the price of the virtual currencies times the number of coins in the market. This gives cryptocurrency investors an idea of the overall market size, and watching the evolution of the measure tells how much money is flowing in or out of each cryptocurrency. Cryptocurrency as an investment The price of Bitcoin has been erratic, and most other cryptocurrencies follow its larger price swings. This volatility attracts investors who hope to buy when the price is low and sell at its peak, turning a profit. However, this does little for price stability. As such, few firms accept payment in cryptocurrencies. As of May 21, 2025, the cumulative market cap of cryptocurrencies reached a value of *******.

By 2025, the Bitcoin market cap had grown to over 2,000 billion USD as the cryptocurrency kept growing. Market capitalization is calculated by multiplying the total number of Bitcoins in circulation by the Bitcoin price. The Bitcoin market capitalization increased from approximately one billion U.S. dollars in 2013 to several times this amount since its surge in popularity. Dominance The Bitcoin market cap takes up a significant portion of the overall cryptocurrency market cap. This is referred to as "dominance". Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrics available. It measures the coin's market cap relative to the overall crypto market — effectively showing how strong Bitcoin compared to all the other cryptocurrencies that are not BTC, called "altcoins". The Bitcoin dominance was above 50 percent. Maximum supply and scarcity Bitcoin is unusual from other cryptocurrencies in that its maximum supply is getting closer. By 2025, well over 19 million out of all 21 million possible Bitcoin had been created. Bitcoin's supply is expected to reach its maximum around the year 2140, likely making mining more energy-intensive.

A league table of the 120 cryptocurrencies with the highest market cap reveals how diverse each crypto is and potentially how much risk is involved when investing in one. Bitcoin (BTC), for instance, had a so-called "high cap" - a market cap worth more than ** billion U.S. dollars - indicating this crypto project has a certain track record or, at the very least, is considered a major player in the cryptocurrency space. This is different in Decentralize Finance (DeFi), where Bitcoin is only a relatively new player. A concentrated market The number of existing cryptocurrencies is several thousands, even if most have a limited significance. Indeed, Bitcoin and Ethereum account for nearly ** percent of the entire crypto market capitalization. As crypto is relatively easy to create, the range of projects varies significantly - from improving payments to solving real-world issues, but also meme coins and more speculative investments. Crypto is not considered a payment method While often talked about as an investment vehicle, cryptocurrencies have not yet established a clear use case in day-to-day life. Central bankers found that usefulness of crypto in domestic payments or remittances to be negligible. A forecast for the world's main online payment methods took a similar stance: It predicts that cryptocurrency would only take up *** percent of total transaction value by 2027.

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Cryptocurrency Market Size 2025-2029

The cryptocurrency market size is forecast to increase by USD 39.75 billion at a CAGR of 16.7% between 2024 and 2029.

The market continues to garner significant attention from global investors due to its potential for high returns and disruptive innovation. Key drivers propelling market growth include the increasing acceptance of cryptocurrencies as a legitimate form of payment by retailers and the rising investment in digital assets. However, the market is not without its challenges. The volatility in the value of cryptocurrencies poses a significant risk for investors, making it essential for companies to carefully navigate market fluctuations. Additionally, regulatory uncertainty and security concerns persist as challenges for market growth. E-commerce, luxury goods, insurance, and even cryptocurrency debit cards are increasingly accepting digital currencies as payment methods.
Companies seeking to capitalize on the opportunities presented by the market must stay informed of regulatory developments, invest in robust security measures, and maintain a flexible risk management strategy. By doing so, they can effectively navigate market challenges and position themselves for long-term success.

What will be the Size of the Cryptocurrency Market during the forecast period?

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The market dynamics and trends encompass various aspects, including data analytics, atomic swaps, volatility, and the Lightning Network. Data security is paramount in cryptocurrency, with research focusing on data off-chain and on-chain. Cryptocurrency collectibles and art have emerged as unique investment opportunities. Options, futures, and lending platforms broaden the market, while proof-of-capacity (PoC) and proof-of-work (PoW) systems power blockchain networks. Sidechains, swaps, and plasma offer scalability solutions, and layer-1 blockchains undergo continuous improvement. Fundamental and technical analysis inform investment decisions, while custodial services ensure security.
Proof-of-authority (PoA) and staking add layers of validation and participation. Multi-signature wallets and software wallets cater to user preferences, and derivatives and sentiment analysis provide additional market insights. The metaverse and cross-chain bridges represent future growth areas. Market capitalization, liquidity, and market reports offer valuable context for businesses.

How is this Cryptocurrency Industry segmented?

The cryptocurrency industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Bitcoin
  Ethereum
  Others
  Ripple
  Bitcoin Cash
  Cardano


Component

  Hardware
  Software


Process

  Mining
  Transaction
  Mining
  Transaction


End-Use

  Trading
  E-commerce and Retail
  Peer-to-Peer Payment
  Remittance
  Trading
  E-commerce and Retail
  Peer-to-Peer Payment
  Remittance


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Switzerland
    The Netherlands
    UK


  Middle East and Africa



  APAC

    China
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The bitcoin segment is estimated to witness significant growth during the forecast period.

Bitcoin, the world's largest cryptocurrency with a market capitalization of over USD470 billion, is a digital currency that operates on a decentralized system called blockchain. Unlike traditional currencies, Bitcoin transactions occur peer-to-peer (P2P) without the need for intermediaries. Bitcoin's popularity extends beyond the US, with 95% of cryptocurrency owners and interested parties recognizing its name. Tether, USD Coin, Binance USD, and DAI are the top four stablecoins, each directly pegged to the value of the US dollar. In the US, approximately 8% of the population engages in cryptocurrency trading. Bitcoin's ecosystem encompasses various components, including crypto market analysis, use cases, platforms, transparency, hacking, volatility, standards, derivatives, smart contracts, compliance, conferences, portfolio management, ecosystem, solutions, fraud, non-fungible tokens (NFTs), education, development, exchange, events, scalability, security audits, liquidity, adoption, regulations, digital assets, investment funds, infrastructure, trading, decentralized finance (DeFi), innovation, sustainability, interoperability, research, community, privacy, investment, analysis, risk management, legal framework, regulation, services, applications, taxation, governance, protocols, wallet, security, payment processing, venture capital, scams, and news.

These entities influence and shape the market dynamics and trends of Bitcoin and the broader cryptocurrency landscape.

The Cryptocurrency Prices dataset includes prices and market capitalization data for popular cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple. The data covers daily prices and market capitalization from the inception of each cryptocurrency up to the present day.

The dataset is well-suited for exploratory data analysis, time series analysis, and predictive modeling tasks related to cryptocurrencies. It can be used to examine historical price trends, correlations between different cryptocurrencies, and the overall market capitalization of the cryptocurrency market. Additionally, the data can be used to build models that predict future prices or market capitalization> of specific cryptocurrencies.

Each row of the dataset represents a single day of trading for a particular cryptocurrency. The columns of the dataset include the following:

• Cryptocurrency Name
• Open Price: the opening price of the cryptocurrency on the trading day
• Volume: the volume of the cryptocurrency traded on the trading day
• Market Cap: the total market capitalization of the cryptocurrency on the trading day
• CMC Rank
• Dominance
• Year till date Price Change Percentage

The dataset includes data for multiple cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Ripple, and many others. Each cryptocurrency has its own set of data columns in the dataset.

This dataset can be helpful for data analysts, data scientists, traders, investors, and anyone interested in exploring the cryptocurrency market. It is intended to facilitate research and analysis of the market and the underlying factors affecting various cryptocurrency prices and market capitalization.

The Report Covers Global Crypto Market Analysis & Trends. Cryptocurrencies are Segmented Based On the Market Capitalization of Cryptocurrencies (Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, and Others) and Cryptocurrency Adoption by Geography (Middle East & Africa, Americas, Europe, Apac). The Report Offers Market Size and Forecast Values for the Cryptocurrency Market in USD Million for the Above Segments.

Decentralized finance or DeFi became less important within the overall crypto market, after its market share declined in 2022. This decline continued over the course of that year, when the DeFi TLV - total value locked, essentially the market size - decreased more and more. What exactly is DeFi, however? Whilst there is no general consensus what this market entails exactly, it generally refers to financial applications built atop Ethereum (ETH) especially. Applications can consist of decentralized exchanges or DEXs, such as Uniswap or PancakeSwap, or crypto protocols regarding lending and borrowing, such as Aave. These applications, on their turn, are powered by their own cryptocurrencies: The Uniswap DEX uses the Uniswap token (UNI) for governance. Nevertheless, the price development of ETH was heavily influenced by the growing popularity of DeFi.

The dataset used in this research is a historical record of Bitcoin, Ethereum, and Litecoin’s daily trading activity, containing essential financial metrics for each date. This sample includes the following columns: Date: The specific day of each recorded entry, showing a continuous timeline. Open: The price of currencies at the start of the trading day. High: The highest price of currencies reached during the day. Low: The lowest price of currencies traded throughout the day. Close: The closing price of the currencies at the end of the trading day. Volume: The total trading volume, indicating the number of currencies traded that day in units. Market Cap: The total market capitalization of currencies, calculated as the total supply multiplied by the closing price.

Historical price and volatility data for Total Crypto Market Cap Token in US Dollar across different time periods.

The cryptocurrency market surpassed the barrier of $100 billion market capitalization in June 2017, after months of steady growth. Despite its increasing relevance in the financial world, a comprehensive analysis of the whole system is still lacking, as most studies have focused exclusively on the behaviour of one (Bitcoin) or few cryptocurrencies. Here, we consider the history of the entire market and analyse the behaviour of 1469 cryptocurrencies introduced between April 2013 and May 2017. We reveal that, while new cryptocurrencies appear and disappear continuously and their market capitalization is increasing (super-)exponentially, several statistical properties of the market have been stable for years. These include the number of active cryptocurrencies, market share distribution and the turnover of cryptocurrencies. Adopting an ecological perspective, we show that the so-called neutral model of evolution is able to reproduce a number of key empirical observations, despite its simplicity and the assumption of no selective advantage of one cryptocurrency over another. Our results shed light on the properties of the cryptocurrency market and establish a first formal link between ecological modelling and the study of this growing system. We anticipate they will spark further research in this direction.

Historical price and volatility data for US Dollar in Total Crypto Market Cap Token across different time periods.

The share of stablecoins within the overall crypto market was below that of Ethereum (ETH) and Bitcoin (BTC). This would mark a significant rise of the digital asset, as earlier calculations from December 2021 indicated a stablecoin market share of ***** percent. What may play a part in these figures is that "regular" cryptocurrencies such as Ethereum saw a significant decline in price between May and June 2022 - leading to their market cap to decline as well. Fiat-backed stablecoins like Tether, USD Coin and Binance USD, on the other hand, were not as impacted. That said, the crash of algorithmic stablecoin TerraUSD and its token Terra (LUNA) led to much uncertainty on whether non-fiat backed stablecoins could work.

Historical price and volatility data for Taiwan New Dollar in Total Crypto Market Cap Token across different time periods.

At the end of March 2025, the Ethereum cryptocurrency had been processed nearly 37 million times on-chain that month. This was about three times that of the more commonly known rival Bitcoin, which saw a total of 12 million transactions that month. Other leading cryptocurrencies also saw significantly less transaction activity. What kind of transactions were these? Cryptocurrencies are digital currencies which owe their credibility to their technology rather than a central bank. Many of the transactions in this statistic involve cryptocurrency exchanges which exchange these coins for other currencies, including traditional currencies such as U.S. dollars or euros. In selected countries, Bitcoin ATMs also dispense the local currency in exchange for Bitcoin. However, few retailers accept that or any other cryptocurrency on a large scale. Cryptocurrency as an investment Many cryptocurrency enthusiasts point to the high market capitalization of their favorite cryptocurrencies. Moreover, the currency price is an important factor. The price volatility of Bitcoin and others attracts investors, hoping to buy low and sell high.

Investment cannot be separated from the level of return and risk inherent in assets. Today, investment instruments are not only stocks, currencies, bonds, deposits, savings and others. The beginning of Bitcoin’s emergence as a pioneer of Cryptocurrency was in 2009. Crypto assets are emerging rapidly and are accompanied by an increase in the number of transactions each period. The growth in the market capitalization value of crypto assets has also grown significantly. During COVID-19, many investments, such as stocks, experienced a decline due to market uncertainty. The results of this study prove that with the existence of COVID-19, the crypto market is not affected. Crypto is an attraction characterized by a high degree of fluctuation, and there is no limit to transactions in the open market 24 hours to trade. The Cryptocurrency market is currently a market that can provide short-term benefits to risk-taking investors, while the market in other investment instruments is declining. 78% of the value capitalization of the top 200 cryptocurrencies is represented by the top 9 cryptos used as samples in this study. So that if there is a decrease in these 9 cryptos, it will also have an impact on the overall capitalization value of crypto in the market. The future development of Cryptocurrencies will no longer be digital assets traded with many speculators who can control prices, it can even be digital money that can be used worldwide without any transaction fees and is controlled on a blockchain system. (2023-01-12)

This dataset is curated for those who are interested in predicting Bitcoin prices using historical data. It contains comprehensive information on Bitcoin's market behavior over time, including daily prices, trading volumes, and other relevant financial indicators. This dataset can be used to develop and test predictive models, analyze trends, and gain insights into the cryptocurrency market.

Features: Date: The date corresponding to each entry. Open: The opening price of Bitcoin for the given date. High: The highest price reached by Bitcoin on the given date. Low: The lowest price reached by Bitcoin on the given date. Close: The closing price of Bitcoin for the given date. Volume: The total volume of Bitcoin traded on the given date. Market Cap: The total market capitalization of Bitcoin on the given date. Adjusted Close: The closing price adjusted for any dividends or stock splits. Usage: This dataset can be used for various purposes, including:

Time Series Analysis: Understanding how Bitcoin prices fluctuate over time. Predictive Modeling: Building models to predict future prices based on historical data. Market Research: Analyzing trends and patterns in the cryptocurrency market.

In April 2021, the Ethereum market cap reached new heights and grew to over 250 billion U.S. dollars - the first time this cryptocurrency achieved that feat. The market capitalization in August 2020 was half this amount. Market capitalization is calculated by multiplying the total number of Ethereum in circulation by the Ethereum price. Compared to the Bitcoin market capitalization, however, Ethereum was not yet as popular.

3MEth Dataset OverviewSection 1: Token TransactionsThis section provides 303 million transaction records from 3,880 tokens and 35 million users on the Ethereum blockchain. The data is stored in 3,880 CSV files, each representing a specific token. Each transaction includes the following information:Sender and receiver wallet addresses: Enables network analysis and user behavior studies.Token address: Links transactions to specific tokens for token-specific analysis.Transaction value: Reflects the number of tokens transferred, essential for liquidity studies.Blockchain timestamp: Captures transaction timing for temporal analysis.Apart from the large dataset, we also provide a smaller CSV file containing 267,242 transaction records from 29,164 wallet addresses. This smaller dataset involves a total of 1,194 tokens, covering the time period September 2016 to November 2023. This detailed transaction data is critical for studying user behavior, liquidity patterns, and tasks such as link prediction and fraud detection.Section 2: Token InformationThis section offers metadata for 3,880 tokens, stored in corresponding CSV files. Each file contains:Timestamp: Marks the time of data update.Token price: Useful for price prediction and volatility studies.Market capitalization: Reflects the token's market size and dominance.24-hour trading volume: Indicates liquidity and trading activity.Section 3: Global Market IndicesThis section provides macro-level data to contextualize token transactions, stored in separate CSV files. Key indicators include:Bitcoin dominance: Tracks Bitcoin's share of the cryptocurrency market.Total market capitalization: Measures the overall market's value, with breakdowns by token type.Stablecoin market capitalization: Highlights stablecoin liquidity and stability.24-hour trading volume: A key measure of market activity.These indices are essential for integrating global market trends into predictive models for volatility and risk-adjusted returns.Section 4: Textual IndicesThis section contains sentiment data from Reddit's Ethereum community, covering 7,800 top posts from 2014 to 2024. Each post includes:Post score (net upvotes): Reflects engagement and sentiment strength.Timestamp: Aligns sentiment with price movements.Number of comments: Gauges sentiment intensity.Sentiment indices: Sentiment scores computed using methods detailed in the data preprocessing section.The full Reddit textual dataset is available upon request; please contact us for access. Alternatively our open-source repository includes a tool to guide users in collecting Reddit data. Researchers are encouraged to apply for a Reddit API Key and adhere to Reddit's policies. This data is valuable for understanding social dynamics in the market and enhancing sentiment analysis models that can explain market movements and improve behavioral predictions.

Analysis of ‘Crypto Fear and Greed Index’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/adelsondias/crypto-fear-and-greed-index on 13 February 2022.

--- Dataset description provided by original source is as follows ---

Crypto Fear and Greed Index

Each day, the website https://alternative.me/crypto/fear-and-greed-index/ publishes this index based on analysis of emotions and sentiments from different sources crunched into one simple number: The Fear & Greed Index for Bitcoin and other large cryptocurrencies.

Why Measure Fear and Greed?

The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:

• Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
• When Investors are getting too greedy, that means the market is due for a correction.

Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.

Data Sources

We are gathering data from the five following sources. Each data point is valued the same as the day before in order to visualize a meaningful progress in sentiment change of the crypto market.

First of all, the current index is for bitcoin only (we offer separate indices for large alt coins soon), because a big part of it is the volatility of the coin price.

But let’s list all the different factors we’re including in the current index:

Volatility (25 %)

We’re measuring the current volatility and max. drawdowns of bitcoin and compare it with the corresponding average values of the last 30 days and 90 days. We argue that an unusual rise in volatility is a sign of a fearful market.

Market Momentum/Volume (25%)

Also, we’re measuring the current volume and market momentum (again in comparison with the last 30/90 day average values) and put those two values together. Generally, when we see high buying volumes in a positive market on a daily basis, we conclude that the market acts overly greedy / too bullish.

Social Media (15%)

While our reddit sentiment analysis is still not in the live index (we’re still experimenting some market-related key words in the text processing algorithm), our twitter analysis is running. There, we gather and count posts on various hashtags for each coin (publicly, we show only those for Bitcoin) and check how fast and how many interactions they receive in certain time frames). A unusual high interaction rate results in a grown public interest in the coin and in our eyes, corresponds to a greedy market behaviour.

Surveys (15%) currently paused

Together with strawpoll.com (disclaimer: we own this site, too), quite a large public polling platform, we’re conducting weekly crypto polls and ask people how they see the market. Usually, we’re seeing 2,000 - 3,000 votes on each poll, so we do get a picture of the sentiment of a group of crypto investors. We don’t give those results too much attention, but it was quite useful in the beginning of our studies. You can see some recent results here.

Dominance (10%)

The dominance of a coin resembles the market cap share of the whole crypto market. Especially for Bitcoin, we think that a rise in Bitcoin dominance is caused by a fear of (and thus a reduction of) too speculative alt-coin investments, since Bitcoin is becoming more and more the safe haven of crypto. On the other side, when Bitcoin dominance shrinks, people are getting more greedy by investing in more risky alt-coins, dreaming of their chance in next big bull run. Anyhow, analyzing the dominance for a coin other than Bitcoin, you could argue the other way round, since more interest in an alt-coin may conclude a bullish/greedy behaviour for that specific coin.

Trends (10%)

We pull Google Trends data for various Bitcoin related search queries and crunch those numbers, especially the change of search volumes as well as recommended other currently popular searches. For example, if you check Google Trends for "Bitcoin", you can’t get much information from the search volume. But currently, you can see that there is currently a +1,550% rise of the query „bitcoin price manipulation“ in the box of related search queries (as of 05/29/2018). This is clearly a sign of fear in the market, and we use that for our index.

There's a story behind every dataset and here's your opportunity to share yours.

Copyright disclaimer

This dataset is produced and maintained by the administrators of https://alternative.me/crypto/fear-and-greed-index/.

This published version is an unofficial copy of their data, which can be also collected using their API (e.g., GET https://api.alternative.me/fng/?limit=10&format=csv&date_format=us).

--- Original source retains full ownership of the source dataset ---

Historical price and volatility data for Japanese Yen in Total Crypto Market Cap Token across different time periods.