The money started coming back to the cryptocurrency market

[reinielle26]

Meaning to say the dip doesn't sending the investors away from the world of cryptos but it invites more and more to come in and become part the the growing community of crypto lovers.

I have the same opinion about this. I also have a positive interpretation about its dip. It is a chance to invest and to welcome more investors. And for its continously increase lately, although we are happy about it, I think it is early to celebrate. We are not sure if it really is the bull run.

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[realaccountakira]

The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.

-snip-

This is because as predicted by historical trends, the crypto market follows a cycle of uptrends and downtrends. One day we will be down in the dumps, and the next days we will be up in the clouds. Thats why the best thing to do is simply hold your coins and only sell at a price you are comfortable with.

Holding is the best strategy!

[Finestream]

The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.

-snip-

This is because as predicted by historical trends, the crypto market follows a cycle of uptrends and downtrends. One day we will be down in the dumps, and the next days we will be up in the clouds. Thats why the best thing to do is simply hold your coins and only sell at a price you are comfortable with.

Holding is the best strategy!

Right.The fact that crypto is truly blessed with high volatility so we can expect that dumping and pumping with the market price is just normal.I think the bearish trend has just come to an end and so let's see if this will lead into a bull run in the next few days.

[Sled]

As the price of the cryptocurrency are moving up, the other people who quit from doing cryptocurrency are now going back because they see new hope from the market and they are now cashing in and purchasing different cryptocurrencies especially bitcoin. It is just a normal thing for me to see people leaving and coming back because i used to that when i was a newbie.

[Indrawan77]

Its great to see more money flow in the transaction volume, and we need that so the price could go up again, crypto price is a like a chain reaction when the price go up, more people will tempted to buy and it will cause the price go up even further and most of the people really waiting to see the history repeat again, all of us are tired keep on having the bear market, with new funds maybe we can change the tide

[KenChanYu]

Its great to see more money flow in the transaction volume, and we need that so the price could go up again, crypto price is a like a chain reaction when the price go up, more people will tempted to buy and it will cause the price go up even further and most of the people really waiting to see the history repeat again, all of us are tired keep on having the bear market, with new funds maybe we can change the tide

It's good to know that market is recovering. Though, it does not happen overnight, and takes time, but it helps us to learn how to manage crisis, risks, and losses. We need to keep patience, positivity, and commitment high. Let's just be hopeful that everything will be in our favorable side in due time.

[mimienamphine]

Sometimes fear and panic make people to prematurely sell their valuable coins and later regret.Once they see the market coming back then they rush in again to buy coins.This practice is not profitable. Hold for long

[The_Dark_Knight]

There is not conclusive evidence this is the case, it is true the price has increased a little but that is not enough to say that a trend has started, we will need continued growth for some time and we will also need to break the 10k barrier, this may seem too high for some but the last time we were close to it bitcoin was not able to surpass it and if it did it will be a confirmation that the recovery is real.

[lelangsabun]

Yeah market are wild. I think its too early to celebrate something like that. This is not even getting a big punch just slightly comeback and can fall down again like before. I think its really rough years for cryptocurrencies

[cahbagus555]

Cryptocurrency market in several months drop more than 70% from highest market at $795billions dollar. Right now market cap at $270billions dollar and its still far below than highest. Bitcoin price plunge to below $6000 and right now bitcoin price at $6700. hopely this is good sign for cryptomarket to recover and reach highest market cap again

[Getcoinsite]

The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.

If you dont remember,market cap last December 2017 reached about $800,000,000,000 meaning this cant even matched the 1/3 of that market cap so thres nothing to celebrate instead lets just be thankful about the on going growth but never expect purely positive because weve been thru this for how many time now

[spongegar]

Well yeah that is a good news. But we will still see dips in the prices. But i know and this will make happy hearts all over the internet that prices will begin to pull momentum now as we approach the fourth quarter. When fourth quarter begins, we will see pure profits here and there and definitely more capital for new investments.

[BaraxLo]

This is not a surprise to be honest with you guys. There are more people who knows what bitcoin and crypto is compared to a year or two ago. The more people know what crypto is the easier for market to go back up. Back in the day when price dropped, thousands of people who know what bitcoin is clashed with each other to get it higher or lower.

Now that there are millions who depend on crypto and invest in smaller cryptos as well (tho their way usually goes from bitcoin) its much easier when price drops (millions of people selling) and its easier to get it higher as well (millions of people buying).

[Bountyl]

It all depends on the news, but so far there was not very positive news and that's why it's just another crippling manipulation. I think now they will grow by 20%, and then again fall by 50-60%. There is nothing surprising here.

[1Referee]

It all depends on the news, but so far there was not very positive news and that's why it's just another crippling manipulation.

You don't see positive news because you only stick to reading shitty news sites that don't want you to read anything other than negative and biased articles. If you don't put effort in digging through what's happening within this ecosystem yourself, you will only get to read what these news sites want you to read. LN growing and enjoying more merchant adoption is pretty bullish, more money enters through OTC markets is pretty bullish, etc. Open your eyes and start doing your own research.

While people keep focusing on the price and continue to be depressed, Bitcoin itself and its ecosystem are doing better than ever before. 

[darewaller]

The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.

Where have you been all this while dude lol?

This is a normal thing; price is always fluctuating up and down at all times. Through out the month of June the price has been struggling to break through the $6000 price and enter $7000 but it seems to be difficult, cause anytime it seems to be getting close to $7k the price drops back to $6k.

I don’t know how things are going to be in this July, but the price has already gotten to $6,700. I hope it cross over $7000 and  keep on moving up back to the $19000/$20,000🙂

[yuukireit]

Well i think that was a good increased of the cryptocurrencies market itself . But it still not giving an big impact for the market price. Need more circulation to gaining high profit in it

[hatshepsut93]

Bitcoin, as always, is driving this market up an down, altcoins are mostly traded against it, so when it jumps $10 and alts don't change in their BTC price, they are also jumping 10% in USD, so the whole market moves. The same happens when the market goes down, perhaps even harder, because traders usually sell alts to then sell BTC, as there's often no way to sell alts for fiat. So, it's not surprising to see large changes in the whole marketcap, but this doesn't mean that investead money are spread among all coins.

[kwarto]

The bull run is happening! The increase of money in the market is a good indicator that we are now starting a journey to a profitable market.

[supermine]

Bitcoin, as always, is driving this market up an down, altcoins are mostly traded against it, so when it jumps $10 and alts don't change in their BTC price, they are also jumping 10% in USD, so the whole market moves. The same happens when the market goes down, perhaps even harder, because traders usually sell alts to then sell BTC, as there's often no way to sell alts for fiat. So, it's not surprising to see large changes in the whole marketcap, but this doesn't mean that investead money are spread among all coins.

Normally the bitcoin price increases the dominance level decreased a bit,which means the market cap value of other coins increased more than bitcoin but the main reason for that to happen is bitcoin because most of the coins price increases when bitcoin increases.But still the new money is coming to the market at the situation like these because more people will get interested when the price increases.