{"id":140327,"date":"2024-10-22T20:30:11","date_gmt":"2024-10-22T17:30:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140327"},"modified":"2024-10-22T20:10:00","modified_gmt":"2024-10-22T17:10:00","slug":"bitcoin-trading-volume-surpasses-mining-companies-market-cap","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/","title":{"rendered":"Bitcoin Trading Volume Surpasses Mining Companies&#8217; Market Cap"},"content":{"rendered":"<p>On October 21, spot <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\"><strong>Bitcoin<\/strong> <\/a>trading volume reached $37 billion, which is consistent with the trend of $20-$40 billion throughout 2024.<\/p>\n<p>At the same time, open interest in Bitcoin derivatives reached an all-time high of about $40 billion, according to Coinglass <a href=\"https:\/\/www.coinglass.com\/\" target=\"_blank\"><strong>data<\/strong><\/a>.<\/p>\n<p>Analysts say while some believe public shares of Bitcoin mining companies are overvalued, market forces suggest those valuations could increase.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/october-sees-retail-investors-shifting-focus-to-crypto-derivatives\/\" title=\"October Sees Retail Investors Shifting Focus to Crypto Derivatives\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">October Sees Retail Investors Shifting Focus to Crypto Derivatives<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The entire public Bitcoin mining sector, which collectively produces nearly 30% of the cryptocurrency&#8217;s supply, has a total market capitalization of about $28 billion.<\/p>\n<p>The fact that the daily trading volume of Bitcoin exceeds the total market capitalization of these mining companies underscores the serious imbalance in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising concerns that they may be overvalued.<\/p>\n","protected":false},"author":3,"featured_media":43013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-140327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Trading Volume Surpasses Mining Companies&#039; Market Cap<\/title>\n<meta name=\"description\" content=\"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Trading Volume Surpasses Mining Companies&#039; Market Cap\" \/>\n<meta property=\"og:description\" content=\"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-22T17:30:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"733\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"Bitcoin Trading Volume Surpasses Mining Companies&#8217; Market Cap\",\"datePublished\":\"2024-10-22T17:30:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\"},\"wordCount\":116,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\",\"name\":\"Bitcoin Trading Volume Surpasses Mining Companies' Market Cap\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg\",\"datePublished\":\"2024-10-22T17:30:11+00:00\",\"description\":\"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg\",\"width\":1100,\"height\":733,\"caption\":\"\u0431\u0438\u0442\u043a\u043e\u0439\u043d\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Trading Volume Surpasses Mining Companies&#8217; Market Cap\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"Cryptodnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"Cryptodnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Trading Volume Surpasses Mining Companies' Market Cap","description":"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Trading Volume Surpasses Mining Companies' Market Cap","og_description":"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...","og_url":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/","og_site_name":"Cryptodnes EN","article_published_time":"2024-10-22T17:30:11+00:00","og_image":[{"width":1100,"height":733,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg","type":"image\/jpeg"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/"},"author":{"name":"Alexander Stefanov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"headline":"Bitcoin Trading Volume Surpasses Mining Companies&#8217; Market Cap","datePublished":"2024-10-22T17:30:11+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/"},"wordCount":116,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg","articleSection":["Bitcoin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/","url":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/","name":"Bitcoin Trading Volume Surpasses Mining Companies' Market Cap","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg","datePublished":"2024-10-22T17:30:11+00:00","description":"The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising ...","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/bitcoin-mining-pool_orig.jpeg","width":1100,"height":733,"caption":"\u0431\u0438\u0442\u043a\u043e\u0439\u043d"},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/bitcoin-trading-volume-surpasses-mining-companies-market-cap\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Trading Volume Surpasses Mining Companies&#8217; Market Cap"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"Cryptodnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"Cryptodnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"Deyan Angelov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/140327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=140327"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/140327\/revisions"}],"predecessor-version":[{"id":140328,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/140327\/revisions\/140328"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/43013"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=140327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=140327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=140327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}