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RE: Bitcoin Gains ~$300 in a Day! - About to SMASH the $4000 $CAD mark!! | BTC/USD = $2895 (high) after last wkend correction. WE ARE OK FOLKS!

in #bitcoin7 years ago (edited)

Are you reading crypto currency news regularly etc?? Because there is a lot happening, it is rarely ONE event or a spark when you see something like the BTC growth that MATCHES what is going on in the total space.

45% of the market cap is bitcoin, that means more than half the now $100B MC is NOT bitcoin.

I am assuming you know this and watched the market cap gains in the total space.

  • and saw it cross the $100B market cap rate for the first time last nite around 8 pm EST.....
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nope.. didn't know this. Where is the hot money coming from? Mostly Asia? Are they diversifying because something else is happening.. that's more my question.

There is so much happening. Daily.

Don't forget that like 6 weeks ago Japan declared BTC as an actual official currency too.