Markets
Bitcoin Market Capitalization 2013-2024 | Statesman
In April 2021, Bitcoin’s market capitalization reached an all-time high and grew by more than $1 trillion compared to the summer months. The market capitalization has since declined, reaching approximately US$600 billion in June 2021. Market capitalization is calculated by multiplying the total number of Bitcoins in circulation by the Bitcoin price. Bitcoin’s market capitalization has increased from around one billion US dollars in 2013 to many times that amount since its popularity in 2017.
Bitcoin usage among consumers
While its market capitalization grew at an incredible rate from 2013 to 2017, the public is only slowly becoming aware of its existence. About 25% of Americans were stationary I’m not familiar with Bitcoin and from 2019. While there are over 18 million bitcoin in circulationthere are only 6,674 Bitcoin ATM Around the world. So his physical presence is minimal, and the majority ATM are located in the United States.
Bitcoin prices
What makes a bitcoin different from traditional currency is that it is decentralized and no single institution or bank controls the bitcoin network. It is also unique because an account is easy to set up and is completely transparent. THE bitcoin price index (the average price of bitcoin on the world’s major stock exchanges) has increased significantly since its creation, rising from US$367 in January 2016 to a peak of over US$13,000 in late December 2017.