CoinMarketCap is a renowned crypto market data portal that offers the latest details on all the fluctuations in the cryptocurrencies rates, market capitalizations, volume, circulating supply, the maximum supply of any cryptocurrency or token on every 24 hours basis. The crypto portal has recently launched a special block explorer that is especially dedicated towards Bitcoin BTC and Ethereum ETH cryptocurrencies. These cryptocurrencies have largest market value currently.
CoinMarketCap announced this news on its official Twitter handle on 4th June. One can estimate the excitement in the audience with the number of reactions the post received. By far, it has got two hundred and sixty-five re-tweets, six hundred and sixty-three hearts, and one hundred and sixty-one people engaged in the conversation about the post.
So what is the Block Explorer all about?
If we look at the Block Explorer by CoinMarketCap in terms of functionality carefully, we will find that it runs quite parallel to the other block explorers that are already in the market. On opening the block explorer on the first page, you will get information such as overview, and general information about the two cryptocurrencies- BTC and ETH. This information includes things such as the market value of the cryptos, current and the maximum number of coins in circulation in the crypto market, the ongoing hash-rate, information about the volume, and so on.
Further, according to some reports, the users of the platform may also get access to the information which is made available to the public about some certain addresses. They can explore the revealed crypto balances, details on the inbound transactions as well as the outbound transactions, the ongoing fee, and information of the amount which has been already transacted. One can also get information about the ‘state of Bitcoin BTC and Ethereum ETH blockchains’ too.
Bitcoin BTC and Ethereum ETH at the moment:
At the press time, Bitcoin’s BTC current market rate is 7,810.38 U.S Dollars. It has fallen with -2.33 percent against the U.S. Dollars. If we look at the market cap of the crypto, then it is 138,571,943,178 U.S Dollars or 17,742,025 BTC. Talking about the volume in the last 24 hours, it was 23,654,965,902 U.S Dollars or 3,038,525 BTC. The circulating supply was 17,742,025 BTC, whereas the maximum supply was 21,000,000 BTC.
On the other hand, Ethereum ETH had a current market rate as 244.78 U.S Dollars with a downhill trend of -1.89 percent against the U.S. Dollars or 0.03140358 BTC with 0.29 percent. If we look at the market cap of the crypto, then it is 26,035,880,623 U.S Dollars or 3,340,216 BTC. Talking about the volume in the last 24 hours, it was 9,468,375,112 U.S Dollars or 1,214,724 BTC. The circulating supply was 106,364,195 ETH.