Crypto: total market cap approaching $127 billion

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Billions of dollars are flowing into crypto every day and the total market capitalization is about to hit $127 billion. It seems the cryptomarket is still very bullish.

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After a decrease to just above $60 billion roughly halfway past June, the total market value has shot past $120 billion in a matter of weeks. Despite the troubles with BTC-e.com, confidence in crypto remains high and money is flowing in with billions each day. Ofcourse, there's no way to predict how high the current surge eventually goes, but holders of Bitcoin or any altcoin will probably yield (some) profits sooner or later as the inflow of money is truly massive these days.

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The fact that the uptrend of crypto is seemingly unphased by the 'BTC-e incident' is an indication that digital money is now too big to fail at this point. Yes, it could still fail completely if -for instance- things between the US and North-Korea escalate completely and humanity gets reduced to medieval levels, but this scenario is too unlikely to even consider. In a nutshell: crypto is here to stay ... !

Crypto: total market cap approaching $127 billion | Ecency