What's up you beautiful investors?!
here, bringing you some juicy info about the current market cap. Let's take a look at the picture below:
- The market cap continues its bull run, gaining more one billion dollars a day. This means the market is being flooded with new money. Be careful with some of these investors that don't understand the technology.
- Bitcoin dominance continues to drop. At the beginning of this year and back, Bitcoin has always dominated the market above 80%. We're starting to see money being invested more and more into altcoins. This is great for the market. I've always believed there are better cryptos out there than Bitcoin. We're finally tapping into them.
- Ethereum, specifically, is starting to catch up to Bitcoin's market cap. It won't be long now.
- Ethereum Classic has taken the number four slot from NEM. NEM has help that spot for the past month. If you watched my video yesterday, I explained why ETC is doing so well. I foresee it will continue its bullish run.
That's all I've got this morning.
Stay safe out there today traders!