Total Crypto Market Cap Bleeds Out a Massive $90B | Nearly 1/6th of Total Market Cap in about 12 Hours... It is Not Even FUD Friday Yet! (in half the world anyways) What is Happening Here Friends?

in #crypto-news7 years ago (edited)


I am used to dips and corrections.

The market is bleeding red and double digit losses across the board pretty much.

-- Bitcoin and Bitcoin Cash with their huge market share, account for a lot of this, I know... but look at the rest of the market, and the charts:

Total Crypto Market Cap: 1 Year Chart below....

That is not a normal "DIP" at the end there.

The CME launched this past weekend and may have put some pressure on things, some of the numbers indicate it could be a definite possibility.....


Better scan, look at this 1-month chart, again, note the size of this correction compared to others:


Top Coins on Sale Sorted by Market Cap

Get to Buyin that Dip! Is there One? LOL






Thanks for reading, have a nice day.


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Excited him now natural saw passage offices you minuter.

The cryptocurrency are ruling all over the world

Ok sir nice post we shall beware with you, thanks for sharing

Cryptocurrency is the talk of the town nowadays.
Thanks for sharing.

Perhaps not all of it is FUD?
Perhaps, we should also consider the number of people simply cashing out for a nice Christmas?

i think you have a point there

Let's continue to look at the bright side of things -optimistic - it is an opportune time to buy Cryptos.

I should have bought some ripple

Thank you for this, noticed on one of the exchanges that BTC is at about half what it was a week ago!

crypto rule, it will bounce back IMHO...Barry : liked your life philosphy :) cheers TJ

cleaning, many people here just for the easy money, but there is a strong philosophy that will prevent the collapse.

I would say I'm irked but not dismayed. Three days ago I decided to try cashing out a small amount of SBD for the first time. I followed some instructions and transfered 39 SBD into XBT. I was astonished when I realised it could net me £360!
I've done this type of thing with other cryptos before, so I'm not totally new to trading. I was intending to exchange the XBT for Sterling as soon as the transaction was completed.
Only the transaction just didn't get confirmed. And it still hasn't got confirmed. And I now realise that I'd changed my SBD into XBT when it was at its highest ever point. But i just didn't see myself as "buying Bitcoin" - I was only intending to use it as a transfer currency and immediately cash out into Sterling. OUCH!!!
But a good lesson, and I don't feel I've really lost anything as I was only expecting to get about £50 in the first place!

What will be the future of Cryptocurreny?