The total value of all bitcoins in circulation, in dollars: the price multiplied by the number of existing bitcoins.
Latest value (as of July 16, 2026) : 1,279 Md $ — computed on our full node.
How to read it
The 'size' of the Bitcoin market. It mostly tracks price (supply moves very slowly). To be compared later with the realized cap to judge over/under-valuation (MVRV).
The math
BTC/USD price × circulating supply (computed from the issuance schedule: 50 BTC/block halved at each halving).