Understanding the broader trends in the cryptocurrency market is essential for investors, traders, and analysts alike. One of the most powerful tools for gaining insight into the overall health and movement of the digital asset space is the Total Market Capitalization of all cryptocurrencies—commonly referred to as CRYPTOCAP:TOTAL on TradingView.
This comprehensive metric provides a real-time snapshot of the combined value of every active cryptocurrency, offering a macro-level view that can inform strategic decisions and reveal underlying market dynamics.
👉 Discover real-time crypto market insights with advanced charting tools.
What Is Total Market Cap in Cryptocurrency?
The Total Market Cap for all cryptocurrencies represents the sum of each individual cryptocurrency’s market capitalization. In simple terms, it's calculated by adding up:
- Bitcoin’s market cap
- Ethereum’s market cap
- Litecoin’s market cap
- And every other tradable digital asset
Market cap for any single cryptocurrency is derived by multiplying its current price by its circulating supply. When aggregated across thousands of assets, this figure becomes a vital indicator of the collective strength, investor sentiment, and growth trajectory of the entire crypto ecosystem.
As of now, the global crypto market cap stands at nearly $220 billion, a number that fluctuates constantly based on price movements, new listings, and macroeconomic factors.
Tracking this data allows users to observe long-term trends, such as bull runs or market corrections, and compare them against traditional financial markets or external events like regulatory announcements or technological breakthroughs.
How to Find CRYPTOCAP:TOTAL on TradingView
To access the Total Market Cap chart on TradingView, follow these simple steps:
- Go to tradingview.com
- Type "TOTAL" or "CRYPTO MARKET CAP" into the search bar at the top of the page
- Select the CRYPTOCAP:TOTAL symbol from the dropdown menu
Alternatively, you can navigate directly to the Global Cryptocurrency Charts section via TradingView’s markets tab.
Once there, you’ll be presented with an interactive chart displaying the total market capitalization over time. You can apply technical indicators (like moving averages or RSI), adjust timeframes (from minutes to years), and even overlay volume data to enhance your analysis.
This level of customization makes CRYPTOCAP:TOTAL not just a passive data point—but an active analytical tool.
Why Tracking Total Market Cap Matters
Monitoring the total market cap offers several strategic advantages:
1. Gauges Overall Market Health
A rising total market cap generally indicates growing confidence, adoption, and investment inflow into the crypto space. Conversely, a sustained decline may signal fear, sell-offs, or reduced interest.
2. Identifies Macro Trends
Long-term charts of CRYPTOCAP:TOTAL can help identify bull and bear cycles. For instance, the surge past $1 trillion in 2021 reflected widespread institutional adoption, while subsequent drops highlighted correction phases.
3. Supports Diversification Strategies
By observing how different segments contribute to the total cap, investors can assess whether their portfolios are overly concentrated in major coins like Bitcoin or underexposed to high-potential altcoins.
👉 Explore market trends with powerful analytics and secure trading options.
Advanced Metrics: Ex-Bitcoin Cap & Dominance Charts
Beyond the basic total market cap, TradingView also offers two highly informative sub-metrics:
Total Market Cap Excluding Bitcoin (CRYPTOCAP:TOTAL2)
This metric removes Bitcoin’s market cap from the equation, allowing analysts to focus on the performance of altcoins as a group.
Why does this matter?
Bitcoin often moves independently of smaller cryptocurrencies due to its size, liquidity, and status as a “digital gold.” When BTC dominates price action, it can overshadow altcoin trends. By filtering out Bitcoin, you gain clearer visibility into whether altcoins are genuinely gaining traction—or merely riding Bitcoin’s coattails.
For example:
- If total market cap rises but ex-Bitcoin cap remains flat, the rally is likely BTC-driven.
- If ex-Bitcoin cap surges, it suggests strong momentum across Ethereum, Solana, Cardano, and other altcoins.
This distinction is crucial for traders positioning themselves in sector-specific plays or evaluating diversification opportunities.
Cryptocurrency Dominance Percentages
TradingView also displays dominance charts showing what percentage of the total market cap each cryptocurrency controls.
Currently:
- Bitcoin typically holds between 40–50% dominance
- Ethereum follows with 15–20%
- The remaining 30–40% is distributed among thousands of altcoins
These percentages shift over time. A declining Bitcoin dominance might indicate a rotation into riskier assets during bullish periods—a phenomenon often called an "altseason."
Watching dominance trends helps investors anticipate sector rotations and adjust allocations accordingly.
Frequently Asked Questions (FAQ)
Q: What does CRYPTOCAP:TOTAL represent?
A: It’s the combined market capitalization of all cryptocurrencies, providing a single metric to assess the overall size and health of the crypto market.
Q: How often is the total market cap updated?
A: The data is updated in real time on TradingView, reflecting live price changes across major exchanges.
Q: Can I use CRYPTOCAP:TOTAL for trading decisions?
A: Yes—many traders use it to confirm broader trends. For example, if most altcoins are rising but total market cap is flat, it could indicate speculative pumping rather than sustainable growth.
Q: Why is Bitcoin excluded in some charts?
A: Removing Bitcoin helps isolate altcoin performance, revealing whether smaller cryptos are moving independently or simply following BTC's lead.
Q: Where can I find reliable crypto market data beyond TradingView?
A: Platforms like CoinGecko and CoinMarketCap offer similar metrics, but TradingView excels in charting and technical analysis integration.
👉 Access real-time data and advanced trading tools in one platform.
Final Thoughts
The Total Market Cap for All Cryptocurrencies (CRYPTOCAP:TOTAL) is more than just a number—it's a window into the collective psyche of the crypto market. Whether you're a long-term investor assessing macro trends or a short-term trader timing entries and exits, this metric offers invaluable context.
By leveraging TradingView’s powerful charting interface and complementary tools like ex-Bitcoin market cap and dominance percentages, you can deepen your understanding of market structure and make more informed decisions.
Remember: while metrics like CRYPTOCAP:TOTAL provide clarity, they should be used alongside other fundamental and technical analyses for best results.
Core Keywords:
- Total Market Cap
- CRYPTOCAP:TOTAL
- Cryptocurrency Market Cap
- Crypto Market Analysis
- TradingView Crypto Charts
- Bitcoin Dominance
- Altcoin Performance
- Real-Time Crypto Data