For the first time ever, we hit $1 trillion (USD) in total market capitalization – that’s for all cryptocurrencies currently on the market.
This is a huge deal and what a great way to start the year.
Next milestone will be turned when Bitcoin’s own market cap goes to $1 trillion and this (in my humble opinion) will happen also this year. Just watch this space.
I’m calling Bitcoin to $50k very soon – much sooner than I originally expected, but with the growing interest in Bitcoin by institutional investors, the supply gets bought in bulks and you know there’s only so much of it. 90% of all Bitcoin has already been mined, around 20% has already been lost or locked in eater addresses or inactive accounts (1 million alone is Satoshi’s own stash that isn’t likely to ever get used).
The bull run is still in its early days, not even midway…
We are bound to have a very profitable year ahead.
Cheers to that. I’ll be back with my next episode and market roundup tomorrow.
CRYPTO CORNER EPISODE 541 Market Analysis, Updates, News & Reviews In today’s episode I discuss why XRP is up almost 60% in the last 7 days and I analyse the charts of BTC, ETH and XRP to establish key support levels for the coming days. Take a look: ☝These are my opinions, not financial advice, … Continue reading XRP Up 60% in a Week – Here’s why
CRYPTO CORNER EPISODE 539 Market Analysis, Updates, News & Reviews In today’s episode we look at the market conditions and discuss the latest hot topics in crypto: ☝These are my opinions, not financial advice, always DYOR. 👉 👉 Sign Up for the Crypto Corner Newsletter and get more insight on the crypto markets, new releases … Continue reading ETH & BTC To See More Downfall + Latest Crypto News