Chart
Bitcoin on-chain metric
Market Cap
Updated: 2026-06-30 02:10 UTC
Metric context
Market Cap
Definition
Definition
Market Cap is the total market value of Bitcoin, calculated as circulating BTC supply multiplied by the current BTC price.
How to read it
Reading context
Market Cap tracks the market’s current valuation of the Bitcoin network. It is useful as a reference point against realized valuation metrics such as Realized Cap and MVRV.