Cryptos with higher market caps generally have more investors and more influence over the price of other coins and tokens. That’s one reason a cryptocurrency’s market cap is the customary basis for ranking it within the crypto market. When you’re evaluating a particular crypto’s place in the market, price alone is not enough. Market capitalization is a more accurate measure. Author & Researcher services You will not be charged a commission on crypto trades placed through Fidelity Crypto®. Fidelity Digital Assets℠ will collect a spread (assessed at no more than 1%) calculated as the difference between the price at which you buy or sell crypto in your Fidelity Crypto® account and the price at which Fidelity Digital Assets℠ buys or sells crypto to fill your order. This spread will be built into your execution price. Other fees may apply. Fees are subject to change.
Traders and investors use our platform. We're here to help Gary Gensler, head of the US Securities and Exchange Commission, said on CNBC Thursday that while the crypto space is regulated, investors "need better protection." The Wall Street Journal has reported that the SEC and the US Justice Department are investigating FTX. (The Department of Justice declined to comment.)