Watch our new episode of “Crypto Stories,” where people tell us stories about how crypto has changed their lives. Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint. Cryptocurrencies were buoyed as the S&P 500 rallied after a policy announcement by the Fed to raise interest rates, snapping a five-session losing skid.
The “Widget” section offers free access to an embeddable, mobile responsive widget that displays live ticker prices and historical line chart data. For more on our embeddable cryptocurrency pricing widget, seethis announcement. That said, having real-world applications remains a difficult task for most crypto projects.
To summarize, crypto market cap matters because it’s easy to understand and a decent starting point for analyzing a cryptoasset. It’s also important because so many players consider it to be important. As the crypto space matures, better tools will be developed that will provide market participants with in-depth, actionable information. When that happens, market cap will likely lose its place theleadbtc.org as the leading crypto indicator. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.