According to a recent snapshot, Bitcoin’s market cap is around $1.78–1.85 trillion USD.
The circulating supply is about 19.96 million BTC.
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• Market Cap & Dominance
One recent article reports Bitcoin has a market cap of about $1.78 trillion and a dominance of ~57%, reflecting strong investor interest and institutional buying via spot ETFs.
• Recent Drop & Cap Loss
However, there was a recent slide: Bitcoin dipped below about $86,500, wiping out roughly $144 billion in market cap.
That drop reflects how volatile the market remains — even a moderate price drop translates to large swings in total cap due to Bitcoin’s size.
• Sharp Rebound
More recently, Bitcoin rebounded from its low (~$84 000) to near $92 900 — marking a nearly 7% surge in 24 hours. This rebound helped push the broader crypto market cap back up (total crypto market cap now ~$3.13 trillion).
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🔍 What This Means (Right Now)
Bitcoin remains by far the largest cryptocurrency by market cap. Its dominance (~57–58%) suggests many investors still view it as the “blue-chip” of crypto.
But large swings in BTC price produce very large swings in total market cap — which shows how high the risks (and rewards) are.
The rebound shows that despite dips, there is still strong demand (or at least speculative interest), especially as macro conditions or institutional flows change.
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