CoinMarketCap hit $140B is this the start of the next bullrun?

[deisik]

Today we have seen a rise in volatility and the gains we have seen during the day have not lost

It appears it is too early to tell yet

Let's wait for a couple of days in the very least. Last time when there was a wannabe bull run, the price stayed at the local high for a couple of days and then crashed literally within minutes. Today we made a massive surge, so a possible crash (or major correction) shouldn't come as a complete surprise. And unless we are going to surge higher (which is not impossible), the odds are we won't be able to keep these gains (as it always happens in such cases)

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[milewilda]

Current marketcap as of this moment. $166,067,790,354  but this doesnt signify that this would be the start of the next bull run but somehow on these prices
we would gladly to see that the entire market is gradually recovering but we cant still be sure if this wont go down once again.
For now for those people who do make shorts on past weeks did really make some profits.

[sandra_x]

We could possibly hit 200 billion $ if it turns out that this is not another pump and dump episode.Much of the cash are still in bitcoins (dominance 51% ) and soon some will move to altcoins and we could see 30% or more in some small cap coins

[Sithara007]

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

Right now CMC is having total market cap of $175 billion, and Bitcoin dominance of 50.5%. The most interesting thing to note here is that the Bitcoin dominance has remained unchanged despite the price spike for all the cryptos and the sharp rally for BCH. Out of the top 5 coins, XRP is looking the weakest right now, for obvious reasons. ADA is looking very attractive. If I need to chose three coins to invest, then I'd go for ADA, BCH and NEO.

[deisik]

This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?

My pics:
ADA
FTC

Right now CMC is having total market cap of $175 billion, and Bitcoin dominance of 50.5%. The most interesting thing to note here is that the Bitcoin dominance has remained unchanged despite the price spike for all the cryptos and the sharp rally for BCH

That has a very simple explanation

If you look at the trading volumes you will see that BCash is way below in this metric than top altcoins like Ethereum, while the price of the latter in Bitcoin terms didn't change much (read, it rises and falls synchronously with Bitcoin and to the same degree). So no matter how much BCash might rise, if people are not interested in it, it won't be able to make a notable and noticeable dent in the market dominance of Bitcoin. When the rush is finally over, you will see how little of BCash is actually being traded on a daily basis

[incomefromcoins]

This is the major update for cryptocurrency market accumulation it took nearly 6 months to break the price pattern now it is on the way to bull run we can see the price pattern in this website https://bitcoinwisdom.com/markets/bitstamp/btcusd

[Supercrypt]

We are just talking of $140 billion here then suddenly BTC pumped.
Now the marketcap is $160 billion, that's additional of $20 billion in just less than a weak, that's how fast we pump today.
And.... you are correct, $200 B is doable because BTC could go back to $6,000 where we stay a little longer last year, and that will surely reach over $200 B.

It was really a very great moment to witness and celebrate the final exit of Bitcoin from Bear market, the only thing I still cannot comprehend is what brought about this changes within a day, I know we have heard lots of new and speculations and I also know of so many meaningful projects with plans to be birthed this year, which will create a very positive impact on Bitcoin and not only bitcoin but on the general market too.

While these projects are yet to be released and still in the making, bitcoin suddenly had such big market cap increase, hmmm, should I fear the work of whales or is it just a natural increase we can be sure to peacefully last for long?