Since May 5th, overall Market Cap has been in a decline. Starting at about $465 Billion, there has been a steady, 2-week decline of $100 Billion leaving the market. Things were looking bearish until sometime near the beginning of the weekend. Over this weekend, market cap has improved from $365 Billion and is back up, close to $391 Billion.
After a dismal couple of weeks, it looks like some money is starting to flow back into the overall Coin Market Cap. This might be a good time to increase your monitoring of your favorite cryptos for buying, trading, and/or rebalancing your portfolio. If you've been bummed-out by recent moves down in the market, hopefully this will be the start of a good bull run. We will have to wait and see.
Check out this tool created by one of our own Steemians:
DISCLAIMER: I am not a financial advisor. Anything in the above content is meant for educational/entertainment purposes only. Do not make trades based on this article. I am not responsible for any financial gains or losses you make in regards to this information.
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