Crypto Market Cap bottoms just under $420 Billion
Total crypto market cap found support Jan 17th just under $420 Billion.
Approximately the same amount the market found support the last "crash" on December 22nd.
The red circles mark these events.
A larger trend I'm paying attention to is the dwindling Bitcoin dominance of the cryptocurrency market.
I believe the whole market is still in a bull trend while Bitcoin is in a bear trend.
Better awareness of alt-coins and their faster, cheaper technology may topple the king.
Hurdles are first-mover advantage and name recognition, and most large exchanges' base currency being BTC.
Approximately the same amount the market found support the last "crash" on December 22nd.
The red circles mark these events.
A larger trend I'm paying attention to is the dwindling Bitcoin dominance of the cryptocurrency market.
I believe the whole market is still in a bull trend while Bitcoin is in a bear trend.
Better awareness of alt-coins and their faster, cheaper technology may topple the king.
Hurdles are first-mover advantage and name recognition, and most large exchanges' base currency being BTC.
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