$60 billion of new fiat has entered the crypto markets in August.

The cryptosphere continues to boom after a relatively quiet July and now the total market cap has exceeded $150 billion. This means that $60 billion of new fiat has entered the crypto markets within this month! The highest we've been at prior to this moment was at around $110 billion in June so there's definitely a lot of new money involved and not just returning investors. Like many believers out there, I think this is only the beginning. How far can we go this year? Market cap at $250 billion by Christmas? I wouldn't argue against that.

Congratulations to all of you who made big investments in July when the prices were low!