Daily Market Cap ReportsteemCreated with Sketch.

in steem •  7 years ago 

Welcome To The Daily Market Cap Report

Not a good day a big sell off market is at $405,306,074,393

Red Across the board but a of a green bounce in the last hour

Bit Coin at $8475 down 10% lots of selling pressure on it at the minute

Ethereum down at $904 down 19%

Ripple is down 24% at $0.76 given back all the gains that saw it go to $3

Stellar down 22% and Cardano down 24 %

So not a good day

Finally Steem is at $3.74 down 26% and Steem Dollars $3.15 down 33%

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How low will bitcoin go?

It will hit a floor possible dont know what price they plenty of people hold bit coin and dont sell

I started investing in December when the market cap was at ATH so my portfolio has almost gone down by 50%. I have faith things will go back and I have been able hodl all my coins since it is money I do not need. No weak hands here, we shall see what 2018 brings. chart (12).jpeg

Yeah its been bad since December but just think this prices will go higher just been a bad few weeks this happens in crypto

thank you for the post I like, your information, for more such responsible persons for steemit, then we will have a sincere company. Thanks for the post, a lot of useful I deducted

Thanks much appreciated

Some one just bought a ton of bitcoin when it fell to $7500. Some one's loss is some ones benefit. I hope it was not government or bank that bought that many bitcoins.
I am sort of worried that if this trend continues then all the money will only in few people's pocket sadly.
1.JPG

Yeah the bit coin prices is only based on a small number of coins that are on the exchanges and are available for sale its not many maybe a few million but the majority of bit coins are held are not for sale. Get as much as you can in three years this will not be the price

Critical day for bitcoin. hodl btc

For Sure

Wow Really great post....

Thanks

thanks you shareing for the valuable post.....

Thanks

Tough couple of days it has been. Looks like it's going back up

It will recover give it time

crypto is a really historic day in terms of money

yeah buy the dips

Is there any hope that it will rise again?

As sure as central banks print money which they are the prices will rise for sure dont worry you on the right place to protect your wealth even on these days

Should we buy more?
Or we should just sit and look

if you have cash for sure but i think its going to be around these levels for a few days

Helpful post

Thanks

Solid redness (I still hope that bitcoin will soon restore the old values and will cost at least $ 10,000 and with it grow up WAS and STEEM.

It will recover give it time it will flower once again in time