money is flowing out of the us stock market and it doesn't all seem to all be going into other real world assets like gold, cars, stocks and houses. so where is it going?
this is where cryptos come in their market cap has raised significantly by almost 70bln in last month so are investors going into the crypto world?
well i think that there is allot in the possibility of allot of investors, beginning to move some of their money out of stocks and(30bln lat ten weeks) into a new asset class (crypto), they seem to be moving towards cryptos with a bit of momentum, this is good for both cryptocurrency and crypto assets, I doubt that there are many investors moving a large amount into the market, but I think allot of investors are moving small amounts of money, to the new asset classes. you can see that is an upsurge in the amount of both volume and market cap in crypto in USD. and most seems to be going to bitcoin.
graph from https://coinmarketcap.com/charts/
this seems to be made up of allot of usd
Graph from https://data.bitcoinity.org/markets/volume/30d/USD?c=e&t=b&vu=curr
