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Market capitalization is considered a.

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BlackRock Launches Bitcoin ETF: Unlocking $19 Trillion of Investment Money?
(, tons of gold x 32, ounces per ton) x $1, per ounce = $ trillion. Bitcoin (BTC) is a digital or virtual currency. On November 9, , bitcoin briefly reached its highest market capitalization of $ trillion with a price of $67, per bitcoin. If Bitcoin reaches a $1 trillion market cap by , that implies its price rises at a compound annual rate of % between now and then. In the.

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This means that fewer bitcoins are being mined every year, so the rate of inflation is constantly slowing down. Bitcoin was worth only about 3. Now, after Fed chair Powell issued a shock warning the U. Although it's a convenient way to assess the total value of an asset, it is highly subject to manipulation. Related Articles.