Cryptocurrency Market: A Rollercoaster Ride
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- 1.1. Cryptocurrencies by Market
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Cryptocurrencies by Market
The cryptocurrency market is a rapidly evolving landscape, with new coins and tokens emerging all the time. As of today, there are over 10,000 different cryptocurrencies in circulation, with a total market capitalization of over $2 trillion.
The top 10 cryptocurrencies by market capitalization are:
| Rank | Name | Symbol | Market Cap |
|---|---|---|---|
| 1 | Bitcoin | BTC | $1.02 trillion |
| 2 | Ethereum | ETH | $475 billion |
| 3 | Tether | USDT | $78 billion |
| 4 | Binance Coin | BNB | $68 billion |
| 5 | Cardano | ADA | $45 billion |
| 6 | XRP | XRP | $40 billion |
| 7 | Solana | SOL | $38 billion |
| 8 | USD Coin | USDC | $37 billion |
| 9 | Polkadot | DOT | $32 billion |
| 10 | Dogecoin | DOGE | $30 billion |
These top 10 cryptocurrencies account for over 80% of the total cryptocurrency market capitalization. Bitcoin remains the dominant cryptocurrency, with a market share of over 40%. Ethereum is the second largest cryptocurrency, with a market share of over 20%. Tether, Binance Coin, and Cardano round out the top 5 cryptocurrencies by market capitalization.
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