Total market cap €400B and falling

[Marvell1]

Guys, just calm down. Such a dip correction is a common thing for the crypto market and it's not the reason to panic at all. I don't see any opporunity to fall to zero, just because many people with a very huge bags are in. Plus there is a whole cripto industry has appear.

[SearchingforS]

No, it's not a market crash and this was the real correction; all ones before - there were very soft and only that one is close to the reality and the real prices of coins.

[Bytem3]

It's returning. Always good to buy Bitcoin when it's around $10k. Strong resistance there and bounces back everytime! Altcoins are recovering as well.

[Maveth13]

From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

I'll let you in a little secret... market cap doesn't mean anything. Sure some altcoins have crashed, because most of those are shitcoins, only made for pump and dump. And if dozens of those shitcoins, with crazy amount of supply crash, of course you'd see a huge decrease in total market cap, but that doesn't mean the entire market is crashing.

Also, people who invested in early January are not sitting in deep red with empty pockets, because it's STILL FREAKING JANUARY.

[miyaka26]

From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

Is that a speculation or a fact that we must consider, do you have a solid proof that this is a real market crash because the very definition of market crash is sudden decline of price, for me it is not crash nor a bursting bubble, like the others said it is the price correction, given that bitcoin insanely goes from 5k to 20k USD dated around September to December before the Christmas week, that is a crazy increase if your going to ask me, thats why the price correction is a big decrease to all coins.

[DanielRR1997]

The CME and Cboe both launched bitcoin futures trading contracts last year. The move was seen as a way to get more institutional investors involved in the cryptocurrency market and legitimize it. But trading got off to a light start. More institutions will get on board over time, but it won't happen quickly.
Meanwhile, regulators in some major cryptocurrency markets are looking to clamp down on trading. China's central bank issued a memo suggesting that authorities bank centralized trading of virtual currencies. And South Korean authorities are also discussing the possibility of banning some exchanges

[MartoValenti]

In my opinion wall street are some how really in the game. Also, I notice a strange thing. Every weekends (saturday and mostly sunday) the investments are at the peak for the week and Tuesday and Wednesday they are at the bottom for the week. What do you think about this?

[cryptogeek101]

I think there is nothing to worry about the ups and downs of cryptocurrenries because the price must always fluctuate depending on the activities of the market. Any where you enter the market should be your base price, however don't always expect the 100% increase.

[sallydavisy]

It looks bad when markets dropped significantly from their peaks, but I think its not a market collapse. We will see good growth by the end of February.