What will be the market capitalization for the global cryptocurrency market on 2 August 2024, according to CoinMarketCap?
Closed Aug 02, 2024 07:01AM UTC
The market cap of the cryptocurrency market doubled in 2023, sparking renewed interest in the asset as bitcoin's next "halving" is expected in the spring of 2024 (CoinDesk, US News & World Report, Yahoo). The outcome will be determined using the last value dated 2 August 2024 (PT) as reported by CoinMarketCap under "Market cap" (CoinMarketCap, set time to "7d" and for "All coins").
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.
The question closed "More than $2.0 trillion but less than $2.4 trillion" with a closing date of 2 August 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $800 billion | 0% | |
| Between $800 billion and $1.2 trillion, inclusive | 0% | |
| More than $1.2 trillion but less than $1.6 trillion | 0% | |
| Between $1.6 trillion and $2.0 trillion, inclusive | 0% | |
| More than $2.0 trillion but less than $2.4 trillion | 70% | |
| Between $2.4 trillion and $2.9 trillion, inclusive | 29% | |
| More than $2.9 trillion but less than $3.5 trillion | 1% | |
| $3.5 trillion or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 29 |
| Average for questions older than 6 months: 193 | |
| Number of Forecasts | 259 |
| Average for questions older than 6 months: 554 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | better than average |
