Market cap loss over last 3 days?

[panju1]

This has nothing with global economy, its just a bad day day might turn into a bad week for trading, but in the general people does make money no matter the market cap at all, crypto is different other investments, with that said dont worry with those, because crypto started with few buck and now is worthing bilions.

Since we are seeing big time investors may be there is a link between global stock market and the alt coin market,people might book their profits in the alt coin market if they see a heavy correction in stock market so that they could buy some stocks at a lower price and average the entry point,who knows ,things are changing here as we are seeing huge investments coming into the alt coin market.

The global equity markets are driven by institutional investors. Big pension funds and hedge funds pour in billions of dollars into equity markets. The investor base for crypto, especially marginal alt coins, is very different.

[CheapVccSeller]

Coins rose by a lot in a short time. It's Just the market correcting itself.

[Schuyler]

This has nothing with global economy, its just a bad day day might turn into a bad week for trading, but in the general people does make money no matter the market cap at all, crypto is different other investments, with that said dont worry with those, because crypto started with few buck and now is worthing bilions.

Since we are seeing big time investors may be there is a link between global stock market and the alt coin market,people might book their profits in the alt coin market if they see a heavy correction in stock market so that they could buy some stocks at a lower price and average the entry point,who knows ,things are changing here as we are seeing huge investments coming into the alt coin market.

The global equity markets are driven by institutional investors. Big pension funds and hedge funds pour in billions of dollars into equity markets. The investor base for crypto, especially marginal alt coins, is very different.

The total market cap for all these altcoins is still relatively small and wouldn't be felt in the real world of investments where billions of dollars are being moved every so often. It's not really a loss, but a transfer where people are just looking to move their money from one place to another where they deem it safer or if they think they can still squeeze profits from.

[FractalUniverse]

... and after only a week, we are back at new all time high market cap, nearing 92 Bln. what a madness  

[DOGE12321]

I believe this is the result of the uneven Bitcoin distribution. Hopefully, there will be a time when Bitcoin is distributed to users and this is the period in which Bitcoin would succeed.

[SingAlong]

Any idea how many billions of dollars off total major cryptocoins' capitalization has been lost during last 3 days in this dump?
It has to be huge amount. I know the market cap is just virtual number, but still its staggering. If this happened in real world's markets, that would mean epic disaster for global economy.

Looks all of the chart will rebound in this time, the bitcoin chart get green candle and more people will be trying to grab more bitcoin and make the market cap will increase again.
Don't worry all of that just common thing in crypto. It's always bounce

Yep. The volatility in cryptocurrencies is natural. It might dump but also it has the ability to pump much higher than what we expect. It is true that the digital world's market is very different from real world's market. If somehow Bitcoin and also the other cryptocurrencies would attain great usage in the real world then it will be a table turner.

[azguard]

Any idea how many billions of dollars off total major cryptocoins' capitalization has been lost during last 3 days in this dump?
It has to be huge amount. I know the market cap is just virtual number, but still its staggering. If this happened in real world's markets, that would mean epic disaster for global economy.

Looks all of the chart will rebound in this time, the bitcoin chart get green candle and more people will be trying to grab more bitcoin and make the market cap will increase again.
Don't worry all of that just common thing in crypto. It's always bounce

Yep. The volatility in cryptocurrencies is natural. It might dump but also it has the ability to pump much higher than what we expect. It is true that the digital world's market is very different from real world's market. If somehow Bitcoin and also the other cryptocurrencies would attain great usage in the real world then it will be a table turner.

Things have started to turn around again price is slowly going again on 3000, will this time go over or we will see another break to lower its price.
But for now see that again exchanges are in full with lot of investors wanna to be there so they can sell when and if it goes over 3000.

But now i think we will see so much demand for buying and not for selling. Increase is like last month around 4% per day.

[AleSergio]

Any idea how many billions of dollars off total major cryptocoins' capitalization has been lost during last 3 days in this dump?
It has to be huge amount. I know the market cap is just virtual number, but still its staggering. If this happened in real world's markets, that would mean epic disaster for global economy.

Looks all of the chart will rebound in this time, the bitcoin chart get green candle and more people will be trying to grab more bitcoin and make the market cap will increase again.
Don't worry all of that just common thing in crypto. It's always bounce

Yep. The volatility in cryptocurrencies is natural. It might dump but also it has the ability to pump much higher than what we expect. It is true that the digital world's market is very different from real world's market. If somehow Bitcoin and also the other cryptocurrencies would attain great usage in the real world then it will be a table turner.

Things have started to turn around again price is slowly going again on 3000, will this time go over or we will see another break to lower its price.
But for now see that again exchanges are in full with lot of investors wanna to be there so they can sell when and if it goes over 3000.

But now i think we will see so much demand for buying and not for selling. Increase is like last month around 4% per day.

I think on this wave bitcoin will reach 3000 or maybe more and again we will see its fall to about 2500. Afterwards it will go up again, it will be cycling so to the end of summer i think.