Proof Point
There has been an explosion in both the number and market value of cryptocurrencies over the past several years
Total Global Cryptocurrency Market Capitalization
Jun 2013 – 18 May 2018 (US$ billions)
Proof Point Findings
- Cryptocurrency Definition – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
- Dramatic Traded Cryptocurrencies Growth – Number of cryptocurrencies traded in market grew 128% in five years, from 26 in 2013Q2 to 1,593 in 2018Q2
- Significant Market Capitalization Increase – Grew from $1.2 billion in 2013Q2 to $364.5 billion in 2018Q1, reaching peak of $566.3 billion 2017Q4
- Key Drivers – Include increasing number of ICOs being held globally, rising value of alternative cryptocurrencies, and growing recognition of cryptocurrencies as new asset class
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Accelerator |
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Market Disruption |
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Sector |
Cross-sector
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Source |
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Date Last Updated |
June 28, 2018
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