Market cap in crypto
Just like , a 's is the price multiplied by the circulating supply. Bitcoin has the largest market cap and acts as the benchmark. When Bitcoin dominance (BTC's of total crypto market cap) rises, it often means capital is into Bitcoin.
Market cap = price × circulating supply. Bitcoin dominance = BTC's share of total crypto.
Trading volume and liquidity
High indicates active markets and narrow - spreads. Low-volume can be easily manipulated by "" — large holders who can move prices with a single trade. Always check 24-hour volume relative to before buying any crypto .
The Bitcoin halving cycle
Approximately every four years, Bitcoin's block reward halves — reducing the rate at which new BTC enters circulation. Historically, halvings have preceded significant bull markets as supply growth slows against consistent demand. The most recent halving was April 2024, cutting rewards from 6.25 to 3.125 BTC per block.
On-chain metrics
Unlike , blockchains are transparent — all transactions are public. metrics like active addresses, transaction , inflows/outflows, and movements provide unique investment signals. High exchange outflows (people withdrawing to cold wallets) often signal hodling behavior and .
On-chain data gives crypto investors a signal not available in any other asset class.