What is the metric used to determine how much leverage is it the market and how can its effect on BTC price be interpreted?

It is not an official metric but a person can divide -

the total market cap of all crypto-currencies (multiply number of coins by USDx price quota)
by the total number of fiat currency collected when entering the ctypto-market

The estimated market cap is 2+ trillion USDx.

The estimated fiat collected - less than $100 billion.

So, the estimated leverage comes 20+ times.

Project home               Q&A home

    Send us an email        Instagram - Decentralized Web        Twitter - Decentralized Web        Telegram - Decentralized Web        Tik-tok - Decentralized Web

Go To Top               Become a User - start getting rewards