The entire crypto market cap is now under $230 billion
Every coin listed on coinmarketcap now has a total value of less than $230 billion:
That is pretty small if this is a legitimate asset class.
By comparison, Apple could buy every coin of every cryptocurrency listed on coinmarketcap, with cash.
They have $244 billion sitting on their balance sheet.
Oh and they could buy every bitcoin, two times over.
The Crash of 2018?????
Hope not 😥
How do you think @jondoe what will happen next?
I think we are due for a bounce. We have been bearish for long enough. Though that probably means we have more pain to go because I always call the bottom too early.
@jondoe maybe something will change
Maybe.