noah_stokes_photographer
Wed Jun 26 2024
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What is market cap in Yahoo Finance?
In the realm of cryptocurrency and finance, one of the key metrics often referenced is market capitalization, commonly known as "market cap." But for those new to the industry or seeking clarity, what exactly does market cap represent in the context of Yahoo Finance? Market cap, simply put, is the total value of a company or cryptocurrency based on its current share price or token price multiplied by the number of outstanding shares or tokens. In Yahoo Finance, this metric provides investors with a snapshot of the overall size and relative value of a given asset. Understanding market cap can be crucial in assessing the health, potential, and risk associated with an investment.
