
What is total cryptocurrency market capitalization?
Total cryptocurrency market capitalization is the combined value of the entire cryptocurrency market in US dollars. There are two charts: the standard TOTAL chart, covering the 125 largest cryptocurrencies, and TOTALES, which excludes all stablecoins.
TOTAL market capitalization chart
How is the TOTAL chart calculated?
Total market capitalization (chart: TOTAL) is calculated by adding the market capitalizations of its constituents (the 125 largest cryptocurrencies). A cryptocurrency’s market capitalization is its token price multiplied by the number of tokens in circulation.
TOTALES chart (excluding stablecoins)
How is the TOTALES chart calculated?
Total market capitalization (chart: TOTALES) is the same as TOTAL, but excludes stablecoins.
Cryptocurrency market capitalization by year
The TOTAL cryptocurrency market capitalization chart dates back to 1 March 2014, when it was launched by TradingView.
| Year | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| 2025 | $3.19 trillion | n/a | n/a | n/a | n/a |
| 2024 | $1.61 trillion | $3.18 trillion | $3.73 trillion | $1.46 trillion | +98.41% |
| 2023 | $756.24 billion | $1.61 trillion | $1.68 trillion | $752.34 billion | +112.27% |
| 2022 | $2.19 trillion | $756.15 billion | $2.29 trillion | $727.58 billion | -65.39% |
| 2021 | $759.92 billion | $2.19 trillion | $3.01 trillion | $735.7 billion | +187.81% |
| 2020 | $185.46 billion | $759.2 billion | $772.52 billion | $108.14 billion | +309.33% |
| 2019 | $117.18 billion | $185.47 billion | $388.3 billion | $102.17 billion | +58.29% |
| 2018 | $534.72 billion | $117.17 billion | $761.74 billion | $91.24 billion | -78.12% |
| 2017 | $16.39 billion | $535.58 billion | $624.57 billion | $12.76 billion | +3175.41% |
| 2016 | $6.53 billion | $16.35 billion | $16.58 billion | $5.36 billion | +150.4% |
| 2015 | $4.46 billion | $6.53 billion | $7.49 billion | $6.53 billion | +46.51% |
| 2014 | $6.92 billion | $4.46 billion | $8.93 billion | $3.76 billion |
As the chart shows, total cryptocurrency market capitalization has predominantly trended upward over the years. Only 2 years out of 12 recorded declines, coinciding with Bitcoin cycle bottoms before reversals and renewed upward trends.
Frequently Asked Questions (FAQ)
➤ What is total cryptocurrency market capitalization?
Total cryptocurrency market capitalization is the sum of the market capitalizations of all coins included in this metric, an important indicator of market conditions. A high market capitalization indicates significant capital inflows.
➤ What is the difference between TOTAL and TOTALES?
TOTAL includes the top 125 cryptocurrencies by market capitalization. TOTALES has the same constituents but excludes stablecoins such as USDT and USDC.
➤ Why is the total cryptocurrency market cap chart important?
Like other charts, TOTAL is used in technical analysis. Unlike individual coin charts, however, market capitalization shows the overall condition of the digital asset market.
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