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I think there its time to think about the entire market cap.

It stagnates at about 500M.

Which means, the raise of BTC price is a converting from altcoins to BTC.

Thats why BTC pairs fall constantly

Coin Marketplace

STEEM 0.28
TRX 0.24
JST 0.041
BTC 94711.49
ETH 3272.42
USDT 1.00
SBD 6.99