As of today, Thursday, November 16, 2023, Bitcoin has a market capitalization of $333.34 billion, accounting for 45.15% of the total cryptocurrency market capitalization. This means that Bitcoin is the largest and most dominant cryptocurrency in the world, followed by Ethereum ($152.23 billion, 20.27%) and Tether ($65.07 billion, 8.67%).

Bitcoin’s weight on the overall cryptocurrency market has been declining in recent years, as other cryptocurrencies have gained in popularity and market share. However, Bitcoin remains the most influential and widely recognized cryptocurrency, and its price movements often have a ripple effect on the rest of the market.

Rank	Cryptocurrency	Market Capitalization (USD)	Share of Total Market (%)
1	Bitcoin (BTC)	\$333.34 billion	45.15%
2	Ethereum (ETH)	\$152.23 billion	20.27%
3	Tether (USDT)	\$65.07 billion	8.67%
4	USD Coin (USDC)	\$46.40 billion	6.20%
5	Binance Coin (BNB)	\$41.40 billion	5.52%
6	BUSD	\$35.95 billion	4.78%
7	XRP (XRP)	\$20.08 billion	2.67%
8	Cardano (ADA)	\$18.42 billion	2.47%
9	Dogecoin (DOGE)	\$12.92 billion	1.72%
10	Polygon (MATIC)	\$12.52 billion	1.68%

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