Bitcoin market cap refers to the total value of all the Bitcoin that has been issued, and it hit an All Time High!
Well would ya just look at that. Bitcoin just hit its All Time Highest Market Cap! A few hours ago Bitcoin surpassed its December 17th 2017 previous record of $335B. The Bitcoin market cap refers to the total value of all the Bitcoin that has been issued. It can be calculated by multiplying the total number of Bitcoin's in circulation by the Bitcoin price. This can help us realize just how large of a time frame a true Bear Market can last and then how quickly it can turn around. The longer you are in an asset like cryptocurrency the further and fewer between these kind of Asymmetric Swings will become. Fortunately us Killer Whales get to catch every possible move in between!