What are the most important terms related with cryptocurrencies?


The symbol is a unique short combination of letters that is used to represent a cryptocurrency. For example, Bitcoin’s symbol is BTC , Ethereum’s symbol is ETH etc.


The price of a cryptocurrency represents its exchange rate (with USD or Bitcoin, typically) which is determined by the market supply and demand dynamics.

Market Cap

Market capitalization (or market cap) is the total value of all the coins that have been mined. It’s calculated by multiplying the number of coins in circulation by the current market price of a single coin

Market Cap = Current Price x Circulating Supply.

Volume (24h)

The 24-hour volume section shows the total value of crypto traded in the past 24 hours.

Volume is an extremely important indicator for traders to determine the future profitability of cryptocurrencies.