View daily updates and historical trends for Bitcoin Market Cap. Source: Blockchain.com. Track economic data with YCharts analytics.

By 2025, the Bitcoin market cap had grown to over ******** 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 *** 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 ** percent. Maximum supply and scarcity Bitcoin is unusual from other cryptocurrencies in that its maximum supply is getting closer. By 2025, well over ** 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.

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 comprised 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 October 01, 2025, the cumulative market cap of cryptocurrencies reached a value of *******.

Bitcoin dominance steadily declined in April 2024 to below 50 percent, amid rumors of central banks halting or potentially lowering interest rates in the future. 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". Why dominance matters is because market caps of any crypto can change relatively quickly, either due to sudden price changes or a change of recorded trading volume. Essentially, the figure somewhat resembles a trading sentiment, revealing whether Bitcoin investors are responding to certain events or whether Bitcoin is losing out on functions offered by, for example, stablecoins or NFT tokens. "Dominance" criticism: Ethereum and stablecoin The interpretation of the Bitcoin metric is not without its criticism. When first conceived, Bitcoin was the first cryptocurrency to be created and had a substantial market share within all cryptocurrencies? The overall share of stablecoins, such as Tether, as well as Ethereum increasingly start to resemble that of Bitcoin, however. Some analysts argue against this comparison. For one, they point towards the large influence of trading activity between Bitcoin and Ethereum in the dominance metric. Second, they argue that stablecoins can be traded in for Bitcoin and Ethereum, essentially showing how much investors are willing to engage with "regular" cryptocurrency. A rally around Bitcoin in late 2023? By December 2023, the Bitcoin price reached roughly 41,000 U.S. dollars — the first time in 20 months such a value was reached. A weaker U.S. dollar, speculation on decreasing interest rates, and a potential Bitcoin ETF approval are believed to be at the heart of this price increase. Whether this will hold in 2024 is unclear: The monthly interest rate from the U.S. Fed is speculated to decrease in 2024, despite a vow of "higher for longer". In December 2023, the thought of decreasing interest rates and the potential of a Bitcoin ETF fuelled market sentiment towards riskier assets.

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Cryptocurrency Market Size 2025-2029

The cryptocurrency market size is valued to increase USD 39.75 billion, at a CAGR of 16.7% from 2024 to 2029. Rising investment in digital assets will drive the cryptocurrency market.

Major Market Trends & Insights

North America dominated the market and accounted for a 48% growth during the forecast period.
By Type - Bitcoin segment was valued at USD 7.57 billion in 2023
By Component - Hardware segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 313.81 billion
Market Future Opportunities: USD 39749.40 billion
CAGR from 2024 to 2029 : 16.7%

Market Summary

The market represents a dynamic and rapidly evolving ecosystem, driven by core technologies such as blockchain and decentralized finance (DeFi), which have fueled the creation and adoption of various applications and service types. Notably, digital assets have gained increasing acceptance in the retail sector, with major companies like Microsoft, Starbucks, and Tesla integrating cryptocurrencies into their payment systems. However, the market is not without challenges, including the volatility of cryptocurrency values, which can impact investor confidence and regulatory uncertainty. According to Statista, the number of cryptocurrency users worldwide is projected to reach 223 million by 2022, underscoring the growing importance of this market.
Rising investment in digital assets and the potential for new use cases continue to present significant opportunities for innovation and growth.

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

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How is the Cryptocurrency Market 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


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Switzerland
    The Netherlands
    UK


  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 decentralized digital currency that operates on a peer-to-peer (P2P) network, bypassing the need for central authorities. Bitcoin's popularity is driven by its use of blockchain technology, which ensures secure, transparent, and immutable transactions through digital signatures and cryptographic hashing. The Bitcoin network faces scalability challenges, requiring ongoing improvements to transaction throughput and mining difficulty to maintain network security. KYC procedures and AML regulations are crucial for regulatory compliance, with exchange protocols implementing strict identity verification processes. Bitcoin's value is influenced by cryptocurrency volatility, with mining pools and consensus mechanisms like Proof of Work and Proof of Stake contributing to the creation and distribution of new coins.

Wallet security is paramount, with hardware wallets and cold storage providing enhanced security compared to software wallets. Decentralized exchanges and smart contracts, enabled by the Ethereum blockchain and public key cryptography, offer privacy protocols and zero-knowledge proofs to ensure secure transactions. The market is continually evolving, with ongoing activities and patterns shaping the landscape. Approximately 8% of Americans engage in cryptocurrency trading, with stablecoins like Tether, USD Coin, Binance USD, and DAI playing a significant role in the market. Despite its volatility, Bitcoin's impact on finance and technology is undeniable.

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The Bitcoin segment was valued at USD 7.57 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 48% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is experiencing significant growth, driven by the presence of numerous market participants and innovative technological advancements in the region. The burgeoning demand for digital

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time August 21) saw a total net outflow of $194 million from Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net inflow yesterday was Grayscale Bitcoin Trust ETF BTC, with a net inflow of $4.9657 million, bringing the historical total net inflow for BTC to $1.716 billion.Following that was Franklin Bitcoin ETF EZBC, with a net inflow of $3.2497 million, currently having a historical total net inflow of $281 million.The Bitcoin spot ETF with the highest net outflow yesterday was Blackrock ETF IBIT, with a net outflow of $127 million, currently having a historical total net inflow of $58.258 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $144.481 billion, with an ETF net asset ratio (market cap compared to total Bitcoin market cap) of 6.45%, and the historical cumulative net inflow has reached $53.823 billion.

Bitcoin's market sentiment was bullish in June 2022, as is shown in the development of the cryptocurrency's NVT ratio. The Network Value to Transactions or NVT ratio is comparable to a P/E ratio, in that it compares the number of transactions of a particular coin on a set day against that coin's market cap. A low NVT ratio means that that transaction volume of a cryptocurrency is growing faster than the coin's market cap - meaning investor sentiment is bullish, or optimistic - whereas a high ratio refers to a network that has a relatively high network value but low network activity - meaning sentiment is bearish, or negative.

ChainCatcher news, the Bitcoin spot ETF with the highest net inflow yesterday was the Bitwise ETF BITB, with a net inflow of $12.659 million. Currently, BITB's historical total net inflow has reached $2.315 billion.The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $68.722 million. Currently, IBIT's historical total net inflow has reached $58.605 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $150.894 billion, and the ETF net asset ratio (market value relative to total Bitcoin market value) is 6.54%, with a historical cumulative net inflow of $54.852 billion.

The dataset of this paper is collected based on Google, Blockchain, and the Bitcoin market. Generally, there is a total of 26 features, however, a feature whose correlation rate is lower than 0.3 between the variations of price and the variations of feature has been eliminated. Hence, a total of 21 practical features including Market capitalization, Trade-volume, Transaction-fees USD, Average confirmation time, Difficulty, High price, Low price, Total hash rate, Block-size, Miners-revenue, N-transactions-total, Google searches, Open price, N-payments-per Block, Total circulating Bitcoin, Cost-per-transaction percent, Fees-USD-per transaction, N-unique-addresses, N-transactions-per block, and Output-volume have been selected. In addition to the values of these features, for each feature, a new one is created that includes the difference between the previous day and the day before the previous day as a supportive feature. From the point of view of the number and history of the dataset used, a total of 1275 training data were used in the proposed model to extract patterns of Bitcoin price and they were collected from 12 Nov 2018 to 4 Jun 2021.

Key Features

How to use this dataset

1. Market Analysis: Use the dataset to conduct in-depth market analysis by observing trends in price fluctuations (24h, 1h, 7d) across different cryptocurrencies. Identify correlations between changes in price and other factors like market capitalization and trading volume.

2. Ranking and Comparison: Leverage the rank attribute to compare and contrast cryptocurrencies based on their market cap, price, and percentage changes. Analyze the performance of different cryptocurrencies over various timeframes.

3. Supply Analysis: Study the supply-related attributes such as circulating supply, total supply, and maximum supply to assess the scarcity and potential growth of specific cryptocurrencies. Understand the implications of limited versus unlimited supply currencies on their value.

4. Trading Volume Insights: Explore the relationship between price changes and trading volume (both current and historical). Analyze how trading volume impacts price fluctuations and overall market behavior for each cryptocurrency.

5. Predictive Modeling: Utilize this dataset as a foundation for predictive modeling or forecasting cryptocurrency prices. Apply machine learning algorithms or statistical methods to predict potential price movements based on historical data and patterns.

If you find this dataset useful, give it an upvote – it's a small gesture that goes a long way! Thanks for your support. 😄

In April 2021, the Ethereum market cap reached new heights and grew to over *** 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.

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time August 20) saw a total net outflow of $312 million from Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net inflow yesterday was Bitwise ETF BITB, with a net inflow of $619,800 for the day. Currently, BITB's historical total net inflow has reached $2.229 billion.The Bitcoin spot ETF with the highest net outflow yesterday was Blackrock ETF IBIT, with a net outflow of $220 million for the day. Currently, IBIT's historical total net inflow has reached $58.385 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $14.7018 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.46%, and the historical cumulative net inflow has reached $5.4018 billion.

Ethereum's total value locked (TVL) within DeFi was much bigger than that of other blockchains combined. TVL is the closest metric within the DeFi world to an overall market size. Over the course of 2021, the size of the decentralized finance market reached heights it had not reached in earlier years. As Ethereum is the main blockchain powering transactions for decentralized finance, price developments of this particular cryptocurrency can have a big impact on DeFi: On September 10, 2021, Ethereum's TVL decreased by over 28 billion U.S. dollars due to an overnight price drop.

The Cryptocurrency Market Report Segments the Industry by Transaction Purpose (Payments & Remittances, Trading and Investment Transfers, Decentralized Finance (DeFi) Protocol Flows, and More), by User Type (Retail and Institutional), by Cryptocurrency (BTC, ETH, Ripple, and More), and by Geography (North America, South America, Europe, and More). The Crypto Market Forecasts are Provided in Terms of Value (USD).

ChainCatcher message indicates that according to SoSoValue data, yesterday (Eastern Time, August 21) the total net inflow for Ethereum spot ETFs was $288 million.The Ethereum spot ETF with the highest net inflow yesterday was the Blackrock ETF ETHA, which had a net inflow of $234 million, bringing its historical total net inflow to $12.047 billion.Following that was the Fidelity ETF FETH, with a net inflow of $28.5283 million, and its historical total net inflow currently stands at $2.538 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $26.551 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 5.18%, and the historical cumulative net inflow has reached $12.089 billion.

The Bitcoin market, while exhibiting volatility, demonstrates substantial growth potential. Considering the study period of 2019-2033, a base year of 2025, and a forecast period of 2025-2033, we can infer a significant market expansion. While specific market size figures are not provided, the presence of major players like Binance, Coinbase (implied by ANX presence, a Coinbase subsidiary), and others indicates a substantial market capitalization. The high number of companies involved suggests a competitive landscape driving innovation and adoption. Growth drivers likely include increasing institutional investment, regulatory clarity in some regions, growing acceptance as a store of value, and the expanding development of Bitcoin-related applications and services. Trends such as the rise of decentralized finance (DeFi) and the growing interest in Bitcoin's underlying blockchain technology further contribute to market expansion. However, restraints such as regulatory uncertainty in various jurisdictions, price volatility, and potential environmental concerns related to Bitcoin mining present ongoing challenges. We can expect a CAGR exceeding 15% given the inherent growth potential of the crypto market, though this requires more concrete data to accurately reflect. The segmentation details are unknown, but we can assume categories exist based on user type (institutional vs. retail), geographical location, and service offerings (exchanges, custodial services, mining). The future of the Bitcoin market hinges on navigating these challenges while capitalizing on the aforementioned drivers and emerging trends. The historical period (2019-2024) likely saw significant fluctuations mirroring the cyclical nature of cryptocurrency markets. The forecast period (2025-2033) projects continued growth, albeit with varying rates dependent on macroeconomic conditions, technological advancements, and regulatory developments. Key players will continually adapt to these changes, leading to consolidation and innovation within the industry. The regional data, while missing, would likely show varying levels of adoption based on factors such as regulatory frameworks, technological infrastructure, and financial literacy. North America and Europe are expected to hold significant market shares, but regions like Asia and Africa also present potential for considerable growth. Overall, the Bitcoin market presents a complex interplay of opportunity and risk, requiring careful analysis of macroeconomic factors and technological disruptions.

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 seven 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.

Prices for BTCUSD Bitcoin US Dollar including live quotes, historical charts and news. BTCUSD Bitcoin US Dollar was last updated by Trading Economics this October 7 of 2025.

In March 2024 Bitcoin BTC reached a new all-time high with prices exceeding 73000 USD marking a milestone for the cryptocurrency market This surge was due to the approval of Bitcoin exchange-traded funds ETFs in the United States allowing investors to access Bitcoin without directly holding it This development increased Bitcoin’s credibility and brought fresh demand from institutional investors echoing previous price surges in 2021 when Tesla announced its 15 billion investment in Bitcoin and Coinbase was listed on the Nasdaq By the end of 2022 Bitcoin prices dropped sharply to 15000 USD following the collapse of cryptocurrency exchange FTX and its bankruptcy which caused a loss of confidence in the market By August 2024 Bitcoin rebounded to approximately 64178 USD but remained volatile due to inflation and interest rate hikes Unlike fiat currency like the US dollar Bitcoin’s supply is finite with 21 million coins as its maximum supply By September 2024 over 92 percent of Bitcoin had been mined Bitcoin’s value is tied to its scarcity and its mining process is regulated through halving events which cut the reward for mining every four years making it harder and more energy-intensive to mine The next halving event in 2024 will reduce the reward to 3125 BTC from its current 625 BTC The final Bitcoin is expected to be mined around 2140 The energy required to mine Bitcoin has led to criticisms about its environmental impact with estimates in 2021 suggesting that one Bitcoin transaction used as much energy as Argentina Bitcoin’s future price is difficult to predict due to the influence of large holders known as whales who own about 92 percent of all Bitcoin These whales can cause dramatic market swings by making large trades and many retail investors still dominate the market While institutional interest has grown it remains a small fraction compared to retail Bitcoin is vulnerable to external factors like regulatory changes and economic crises leading some to believe it is in a speculative bubble However others argue that Bitcoin is still in its early stages of adoption and will grow further as more institutions and governments recognize its potential as a hedge against inflation and a store of value 2024 has also seen the rise of Bitcoin Layer 2 technologies like the Lightning Network which improve scalability by enabling faster and cheaper transactions These innovations are crucial for Bitcoin’s wider adoption especially for day-to-day use and cross-border remittances At the same time central bank digital currencies CBDCs are gaining traction as several governments including China and the European Union have accelerated the development of their own state-controlled digital currencies while Bitcoin remains decentralized offering financial sovereignty for those who prefer independence from government control The rise of CBDCs is expected to increase interest in Bitcoin as a hedge against these centralized currencies Bitcoin’s journey in 2024 highlights its growing institutional acceptance alongside its inherent market volatility While the approval of Bitcoin ETFs has significantly boosted interest the market remains sensitive to events like exchange collapses and regulatory decisions With the limited supply of Bitcoin and improvements in its transaction efficiency it is expected to remain a key player in the financial world for years to come Whether Bitcoin is currently in a speculative bubble or on a sustainable path to greater adoption will ultimately be revealed over time.

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)