FMP
Nov 14, 2024 10:56 AM - Parth Sanghvi
Image credit: Traxer
The cryptocurrency market has reached an unprecedented milestone, hitting a record market cap of $3.2 trillion, as reported by CoinGecko. With investor confidence climbing, major cryptocurrencies like Bitcoin and Ethereum have seen strong gains, and increased adoption is further boosting demand.
The surge in the overall crypto market cap can be attributed to several interlocking factors, including:
Tracking top-performing assets is crucial for investors looking to capitalize on the trend. Financial Modeling Prep's Market Most Active API provides insights into high-volume assets, making it easier to monitor surges and significant activity within the market. Also check out Full Crypto Quote List API endpoint provides a list of all quotes for all cryptocurrencies that are traded on exchanges around the world.
Bitcoin and Ethereum remain the backbone of the cryptocurrency market, accounting for substantial portions of its total value. Bitcoin's recent rally, supported by rising demand from investors, has helped boost the entire market. Similarly, Ethereum's network upgrades and popularity in the DeFi space have contributed to its growth trajectory.
Highlights of top-performing cryptocurrencies:
With the market cap at a record high, the sustainability of this growth is now the question on investors' minds. As regulatory scrutiny intensifies, particularly in major markets, it remains to be seen how it will impact the current bullish momentum. Investors can leverage FMP's tools, like the Market Most Active API, to stay updated on trends and make well-informed decisions.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...