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This article is published on Medium.
There are many ways to measure the size of the Bitcoin such as the number of transactions or total transaction volume. However, these are not easily comparable to other assets and so typically the size of Bitcoin is expressed as its market capitalization, which is simply the total $ value of all the Bitcoins that exist. Using the market capitalization (also known as market cap) value we are able to compare the scale of Bitcoin with other cryptocurrencies, gold, stocks or any other asset class.