By 2025, the Bitcoin market cap had grown to over 2,000 billion USD as the cryptocurrency kept growing. Market capitalization is calculated by multiplying the total number of Bitcoins in circulation by the Bitcoin price. The Bitcoin market capitalization increased from approximately one billion U.S. dollars in 2013 to several times this amount since its surge in popularity.
Dominance
The Bitcoin market cap takes up a significant portion of the overall cryptocurrency market cap. This is referred to as "dominance". Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrics available. It measures the coin's market cap relative to the overall crypto market — effectively showing how strong Bitcoin compared to all the other cryptocurrencies that are not BTC, called "altcoins". The Bitcoin dominance was above 50 percent.
Maximum supply and scarcity
Bitcoin is unusual from other cryptocurrencies in that its maximum supply is getting closer. By 2025, well over 19 million out of all 21 million possible Bitcoin had been created. Bitcoin's supply is expected to reach its maximum around the year 2140, likely making mining more energy-intensive.
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CoinMarketCap, & Statista. (May 13, 2025). Market capitalization of Bitcoin (BTC) from April 2013 to May 13, 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
CoinMarketCap, und Statista. "Market capitalization of Bitcoin (BTC) from April 2013 to May 13, 2025 (in billion U.S. dollars)." Chart. May 13, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
CoinMarketCap, Statista. (2025). Market capitalization of Bitcoin (BTC) from April 2013 to May 13, 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
CoinMarketCap, and Statista. "Market Capitalization of Bitcoin (Btc) from April 2013 to May 13, 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 May 2025, https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
CoinMarketCap & Statista, Market capitalization of Bitcoin (BTC) from April 2013 to May 13, 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/377382/bitcoin-market-capitalization/ (last visited June 06, 2025)
Market capitalization of Bitcoin (BTC) from April 2013 to May 13, 2025 (in billion U.S. dollars) [Graph], CoinMarketCap, & Statista, May 13, 2025. [Online]. Available: https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
