Key figures
- Total crypto market cap was $3.68 trillion on 8 December 2024, according to the chart’s headline.
- Bitcoin made up $1,980 billion of that, about 54%. Ethereum was $481 billion (13%), stablecoins $194 billion (5%) and all other coins $1,020 billion (28%).
- The chart puts market cap growth from 2016 to 2024 at +100% CAGR (compound annual growth rate), which means the market roughly doubled each year on average.
- The 2016 yearly average for the whole market was about $10 billion, so the December 2024 value is roughly 366 times larger (our arithmetic).
Crypto market cap by segment, in text
Title: “Crypto market cap surges to $3.68 trillion on Dec 8, 2024, with +100% annual growth since 2016”. The chart is a streamgraph from 2013 to 8 December 2024, with Bitcoin (orange) above a centre line and Ethereum (purple), stablecoins (blue) and others (red) below it. The thickness of each band is that segment’s market capitalisation in billion US dollars. The y axis carries no scale, so only the labelled values below can be read.
| Segment | 2016 yearly average | 2019 yearly average | 2022 yearly average | 8 December 2024 | Share on 8 December 2024 (our arithmetic) |
|---|---|---|---|---|---|
| Bitcoin | 8.88 | 132.4 | 539 | 1,980 | 54% |
| Ethereum | 0.08 | 19.4 | 241 | 481 | 13% |
| Stablecoins | 0.02 | 4.2 | 158 | 194 | 5% |
| Others | 1.06 | 57.9 | 370 | 1,020 | 28% |
| Total (our sum) | 10.04 | 213.9 | 1,308 | 3,675 | 100% |
Footer: “Sources: CoinMarketCap, Market Data”. “Research and visualization: Ehsan Soltani”, www.econovis.net, @econovisuals and the Econovis logo.
How the crypto market grew
For its first few years the market is a thin line on the chart. The first large bulge comes in late 2017 and early 2018, when Bitcoin and the “Others” band both swell before shrinking back through 2018. The yearly averages show the scale of growth: about $10 billion in 2016, about $214 billion in 2019 and about $1.3 trillion in 2022 (our sums of the printed values).
The biggest expansion runs from late 2020 through 2021, when all four bands widen and the stream peaks twice. It narrows in 2022, then grows again through 2023 and 2024, ending at its widest point on the chart’s final date. Stablecoins, almost invisible before 2020, become a visible band from then on, averaging $158 billion in 2022.
Bitcoin has stayed the largest single asset throughout. Its yearly average rose from $8.88 billion in 2016 to $539 billion in 2022, and it ended at $1,980 billion, a little over half of the total.
What happened after 8 December 2024
Crypto prices move quickly, so this is a snapshot. Econovis reported that total crypto market cap stood at $3.73 trillion on 17 December 2024, just short of Apple’s $3.83 trillion [2]. In a follow-up version of this chart it gave a total of $3.25 trillion on 31 December 2024, with Bitcoin at $1.83 trillion (56%) and Ethereum at $404 billion (12%), and repeated the 100% average annual growth rate since 2016 [1].
Notes on this infographic
- Growth rate. Taking the 2016 yearly average of $10.04 billion as the start, reaching $3,675 billion by December 2024 implies average growth of a little over 100% a year over about eight years (our arithmetic), which is consistent with the chart’s +100% CAGR label. The exact figure depends on the start date used.
- Total. The four end values add up to $3,675 billion, which rounds to the $3.68 trillion headline.
- Yearly averages. The 2016, 2019 and 2022 values are averages across each year, not end of year values, as the chart’s footnote says.
- Data date. 2013 to 8 December 2024. Values are not updated.
Questions about crypto market cap by segment
What was the total crypto market cap in December 2024?
Total crypto market cap was $3.68 trillion on 8 December 2024, according to the Econovis chart, which uses CoinMarketCap data. Econovis later reported $3.73 trillion on 17 December 2024, just short of Apple's $3.83 trillion [2]. By 31 December 2024 it gave a total of $3.25 trillion [1]. Crypto prices move quickly, so each figure is a snapshot.
What share of the crypto market is Bitcoin?
Bitcoin made up $1,980 billion of the $3.68 trillion crypto market on 8 December 2024, about 54%. Ethereum was $481 billion (13%), stablecoins $194 billion (5%) and all other coins $1,020 billion (28%). Bitcoin has stayed the largest single asset throughout the chart, and Econovis put its share at 56% on 31 December 2024 [1].
How fast has the crypto market grown since 2016?
The chart puts crypto market cap growth from 2016 to 2024 at +100% CAGR, meaning the market roughly doubled each year on average. The whole market averaged about $10 billion in 2016, about $214 billion in 2019 and about $1.3 trillion in 2022. Starting from the 2016 average of $10.04 billion, the December 2024 value of $3,675 billion is roughly 366 times larger.
How big is the stablecoin market?
Stablecoins were worth $194 billion on 8 December 2024, about 5% of total crypto market cap. Their yearly average rose from $0.02 billion in 2016 to $4.2 billion in 2019 and $158 billion in 2022. Almost invisible on the chart before 2020, they become a visible band from then on. The 2016, 2019 and 2022 values are yearly averages, not end of year values.
Sources
- Econovis, Crypto Market Cap Hits $3.25 Trillion in 2024, Doubling Annually Since 2016, 6 January 2025. The creator’s post of the updated version of this chart.
- Econovis, Crypto Market Capitalization Approaches Apple’s in December 2024, 4 January 2025.
Last reviewed 30 October 2026
