Nuclear Meltdown of the Cryptocurrency Market
Again, the markets are red, and this started to look like a nuclear meltdown. All the cryptos are going down, having a second day of double digit decrease. The volumes are also significant: each day, 10% of the total market capitalization is traded in one of the 8569 different markets (numbers from the coinmarketcap.com). If this behavior, is not a "panic mode" one, what else can be expected?
The total market capitalization dropped under 300B, to a value closed to the one from the end of November. What is different, is that the market share of the Bitcoin dropped from 56% to 36%, a sign that the cryptocurrency world gets more and more mature:
Great Article
I thought I was just losing money because no one votes for my stuff, even though I take the appropriate steps to advertise my blogs it seems like no matter what no one looks at them.
I'm sorry for your disappointment! ... at least somebody was reading this comment!... Keep you confidence up!
I have no choice, I can't get anywhere moping around lol. Thanks!
Nice graphic!