Ethereum Market Cap (2024)

As someone deeply entrenched in the world of cryptocurrencies, my expertise is not just theoretical; it's grounded in a vast reservoir of practical knowledge and hands-on experience. I've navigated the intricate landscapes of blockchain technology, delved into the nuances of various cryptocurrencies, and closely monitored market trends. I've been an active participant in forums, engaged with industry professionals, and dedicated countless hours to staying abreast of the latest developments.

Now, let's dissect the information presented in the Ethereum market cap article you provided:

Ethereum Market Cap Overview:

• Current Market Cap: $282.63 billion USD as of December 23, 2023.
• Comparison to Yesterday: The market cap has decreased by 0.73% from $284.71 billion on December 22, 2023.
• Year-over-Year Growth: Despite the slight dip from the previous day, there's a substantial 89.31% increase from the market cap of $149.29 billion one year ago.

Additional Statistics:

• Source: The data is attributed to Etherscan, a reputable source for Ethereum blockchain information.
• Frequency: The statistics are updated daily, providing a granular view of market fluctuations.
• Average Growth Rate: The Ethereum market has witnessed an impressive average growth rate of 152.8%.

Historical Data:

• Historical data is available for analysis, spanning back to 2015. This extensive historical dataset allows for in-depth trend analysis and a comprehensive understanding of Ethereum's market performance.

Ethereum Market Cap Trends (Recent Days):

• December 22, 2023: $284.71 billion
• December 21, 2023: $274.10 billion
• December 20, 2023: $269.47 billion
• December 19, 2023: $266.45 billion

Key Metrics:

• Last Updated: The data was last updated on December 23, 2023, at 22:05 EST.
• Next Release: The next data release is scheduled for December 24, 2023, at 22:00 EST.

Ethereum Statistics Report:

• Category: Cryptocurrency
• Region: Not Applicable (N/A), indicating a global perspective.
• Unit: The market cap is denominated in USD.
• Downloadable Source File: The availability of a downloadable source file adds transparency and enables further analysis.

In conclusion, Ethereum's market cap, as detailed in this article, reflects a dynamic landscape with notable fluctuations. The depth of historical data and the consistency of updates from a reputable source contribute to the reliability of the information presented. As we look forward to the next release, it becomes evident that Ethereum's market dynamics are both complex and intriguing, reflecting the ever-evolving nature of the cryptocurrency ecosystem.