Chapter 2. Understanding The Cryptocurrency Market

The cryptocurrency market has undergone an extraordinary evolution. Starting as an obscure digital currency worked on by a tiny community, it has progressed into an asset which many take as a serious consideration for their portfolio, business operations, or personal use.

Capitalization is valued around $210 Billion US dollars at the time of writing (Q4 of 2018). This is down from an all-time high of over $830 Billion in January 2018. The current market capitalisation is around the same as the market capitalisation of large public companies such as Pfizer, Mastercard, and HSBC Holdings.

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