Bitcoin is performing really well since 2019 if we compared it from the initial years. Bitcoin didn't saw any major boost in its value of Market Cap from 2015 to 2017, the real power of Bitcoin began just after 2017. Right now, Bitcoin alone dominates 45% of the cryptocurrency world. In fact, Bitcoin is the most trustable form of cryptocurrency and due to this, it's the most valued as well as one of the most circulated cryptocurrencies.
Bitcoin Market Cap History (2013-2021)
2013
January: 1.2 billion USDDecember: 9.19 billion USD
Highest: 13.6 billion USD in November 2013
Lowest: 1.1 billion USD in June 2013
2014
January: 10.24 billion USD
December: 4.38 billion USD
Highest: 10.24 billion USD in January 2014
Lowest: 4.38 billion USD in December 2014
2015
January: 3 billion USDDecember: 6.47 billion USD
Highest: 6.47 billion USD in December 2015
Lowest: 3 billion USD in January 2015
2016
January: 5.6 billion USDDecember: 15.5 billion USD
Highest: 15.5 billion USD in December 2016
Lowest: 5.6 billion USD in January 2016
2017
January: 15.6 billion USD
December: 237.47 billion USD
Highest: 237.4 billion USD in December 2017
Lowest: 15.6 billion USD January 2017
2018
January: 172.1 billion USDDecember: 65.3 billion USD
Highest: 175 billion USD in February 2018
Lowest: 65.3 billion USD in December 2018
2019
January: 60.5 billion USDDecember: 130.4 billion USD
Highest: 192 billion USD in June 2019
Lowest: 60.5 billion USD in January 2019
2020
January: 170.1 billion USDDecember: 539 billion USD
Highest: 539 billion USD in December 2020
Lowest: 117.8 billion USD in March 2020 (During pandemic)
2021
January: 616 billion USDRight now: 940 billion USD (5th September)
Highest: Still counting
Lowest: Still counting
Conclusion
Bitcoin market cap surpassed 1 trillion USD by 2021. The market cap of the most valuable company on Earth is Apple and is around 2 trillion USD, whereas the market cap of Bitcoin is a trillion USD less than that of Apple. Although the market cap value can give a rough idea to the investors about how big is the company.
Market cap refers to the total value of all the shares of stock of a company. To know the market cap of a company, multiply the number of outstanding shares into the current value of a company share.
If a company experiences a sudden drop in its market value, it doesn't necessarily refer to the lowering of the flow of cash. As per the report, several small-cap companies outcome high-cap companies in 2020, so investors should certainly look at low-cap companies too.