What is the market value of Bitcoin?

Bitcoin market capitalization

As of March 2023, the total market capitalization of Bitcoin is:355.223 billion US dollars

Detailed explanation

Market capitalization refers to the total value of all Bitcoins in circulation. The calculation method is:

Market value = Bitcoin number x Bitcoin current price

The number of Bitcoins is the number of Bitcoins that have been mined and in circulation, and the current price is the real-time price of Bitcoin in the market.

Bitcoin’s market capitalization is an important indicator of its overall value and market position. Over time, Bitcoin's market capitalization fluctuates due to supply and demand, economic factors, and other market conditions.

Bitcoin’s market capitalization dominates the cryptocurrency market. As of March 2023, its market capitalization accounts for approximately 40% of the entire cryptocurrency market.

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