$BTC

As of Thursday, June 12, 2025, Bitcoin's market capitalization is fluctuating around $2.14 trillion to $2.18 trillion USD.

This figure represents the total value of all Bitcoin currently in circulation, calculated by multiplying the current price of one Bitcoin by the total number of Bitcoin coins that have been mined and are currently in circulation.

Here's a breakdown of what that means and why it's important:

What is Market Capitalization?

Market capitalization (or "market cap") is a key metric used to assess the size and value of a cryptocurrency (or any publicly traded asset). It's calculated as:

Market Cap = Current Price per Coin x Circulating Supply of Coins

Why is Bitcoin's Market Cap Important?

* Size and Dominance: Bitcoin's market cap makes it the largest cryptocurrency by far, often holding a significant portion of the total cryptocurrency market. This dominance influences the broader crypto market.

* Indicator of Stability (Relative): A higher market cap can suggest a more established and potentially less volatile asset, though Bitcoin is still known for its price swings. It generally implies greater liquidity and broader investor interest.

* Investment Gauge: Investors often look at market cap to understand the scale of an investment and its potential for growth or stability. Large-cap cryptocurrencies like Bitcoin are often considered less risky than smaller, less established altcoins.