TOTALThe total crypto market cap, which right now is $1.165 Trillion Dollars, represents the cumulative value of all cryptocurrencies in circulation. The ATH was 3 Trillion Dollars, when and what do you think the new All Time High total crypto marketcap will be?Longby UnknownUnicorn228047494
Total Crypto Market Cap Idea for the next BullrunHello all, Here is a draft with my idea of the top market cap for the next bullrun. Here is the data that I took as reference for these numbers: First Bullrun I experienced was in 2017. During this bullrun the Total Market Cap surged 10x from the bottom. The duration from bottom to the top till the end of total cycle was around 1250-ish days. The full market cycle was from 2016-2020. The second Bullrun did almost the same as the bullrun in 2017. Total Market Cap did a x10 and with the current market and the expectations it will take another 2150-ish days for full bear to bull and back to bear cycle. The full market cycle will be from 2020-2024 So with the numbers above, I expect another x10 for the coming new full market cycle from 2024-2028. NFA as always, just my thoughts :) Cheers, ErtugrulLongby Ertugrul271
Crypto TOTAL Market Cap - big move incomingCrypto TOTAL Market Cap has held the green support line like a chad and looks ripe for a big move to the upside. Target is at around 1.5T happy tradingLongby Marc_Cee111
Crypto Total Market Cap : ROADMAPHi Guys, I update the analysis and show you the new roadmap please check the last one and decide to do what do you like to do. SecondChanceCrypto ⏰25/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.by Secondchancecrypto115
Crypto Market Is Getting Ready For A Bullish ContinuationCrypto market is clearly bullish from Elliott wave perspective. After a completed A-B-C correction back in June, we have seen nice and clean five-wave recovery, which from Elliott wave perspective indicates for more upside, ideally as part of higher degree five-wave bullish impulse. However of course, nothing goes in straight lines, so after every five waves, there's a three-wave a-b-c correction before the uptrend resumes, which can be now underway or maybe even approaching the end. First support we see here around 1.12T - 1.10T area, while second support would be around 1.05T area if correction will be more complex and deeper. Crypto market is bullish as long as it's above 1T invalidation area.Longby ew-forecast8
MARKETS week ahead: July 24 – 30Last week in the news While EU markets finished the week in green, amid positive corporate results, US markets were traded in a mixed manner, as investors still need to digest the latest corporate data and prospectus for the future period. The S&P 500 was traded almost flat on Friday, after adding 0.69% during the week. The crypto market remained relatively flat on a weekly basis, with Bitcoin ending the week testing $30K support, while Ether was traded below $1.9K. Market interest is currently focused on the next Fed move with respect to its monetary policy and increase of interest rates. The FOMC meeting will be held on July 26-27, where its members will decide whether current economic conditions support another rate hike. Majority of market participants continue to be of the opinion that another 25 bps rate increase is coming. Fed Chair Powell previously promised two rate hikes till the end of this year. There is a small portion of investors and economists who are of the opinion that Fed might pause during July`s meeting. Such an opinion is supported by the latest inflation data, which shows that it is cooling down, but still, it moves at a higher level from the Fed's target of 2%. The Federal Reserve officially launched its new payment system called FedNow. It represents an instant payment system, which is expected to improve the flow of money for individuals and businesses. As it has been noted, 35 financial institutions have accepted FedNow, including big names like JPMorgan and Wells Fargo. Fed is expecting to further develop the system and to include it into websites and applications of banks. Ripple – SEC dispute might be over, but SEC`s fight against digital asset industry is still not. During the previous week SEC Chair Gensler asked the US government for additional $72 million of funds in order to protect investors in the crypto market from “noncompliance”. He also called the current crypto market a “Wild West” and stressed the need to protect investors' “hard earned money” from “fire and noncompliance” of the crypto industry. Cathy Wood, CEO of Ark Investment fund, was commenting on the strategy of its Innovation Fund and noted that the fund had decreased its exposure to China to zero. The rationale for such a decision was a slowdown of this market. Funds are transferred to the local US market and companies within the tech industry like Tesla and Coinbase. Metaverse continues to drag businesses, as they are trying to expand reach to the customers even in the digital world. During the previous week McDonalds, a fast food giant, opened a McNuggets Land in the Metaverse, as a sort of virtual restaurant. The European Union is speeding up its efforts for the introduction of its digital currency – digital Euro. The Central bank of France conducted testing of the cross border payments, during the previous period, and concluded that a wholesale digital currency, created for use by business entities within the EU, will significantly improve cross border payments and settlement of transactions for various financial assets. Crypto market cap The celebration of Ripples' win over SEC has been short. During the previous week SEC Chair Gensler asked the US Government for additional funds in the amount of $72 million in order to fight the “Wild West” in the crypto industry. This move represents his determination to make crypto businesses comply with the current Securities laws in the US. There are still pending SEC lawsuits against several big players in the crypto industry, waiting for its court resolution. Although, on one side there are businesses who are arguing the lack of clear crypto regulation, there are still those, including SEC, arguing that the regulation exists and it just needs to be implemented among crypto participants. Instead of making an argument-deal between the SEC and the crypto industry, it seems that the regulation in the US will be determined by the court decisions. On the other hand, investors are also weightening potential Fed moves on July`s FOMC meeting which will be held in a week ahead. Those were the main reasons why the crypto market slowed down during the previous week. Total crypto market capitalization was modestly decreased by 1%, losing FWB:13B within a week. Major coins were the ones that were driving the crypto market cap to the downside. Daily trading volumes significantly dropped during the week to the level of FWB:49B on a daily basis, from $82B traded during the week before. Total crypto market capitalization increase since the beginning of this year stands at 54%, where it has added a total $409B to the market cap. Major coins on the crypto market were slowing down, however, investors' interest is still on altcoins. Bitcoin lost $7.6B on a weekly basis or 1.3% and was followed by Ether, with a loss of 5B in market cap or 2.1%. Binance Coin also finished the week 2.6% lower from the week before or $1.65B. XRP continues to be positively impacted by the resolution of the Ripple – SEC dispute. The coin managed to add an additional 8.3% to its market cap during the week, increasing it for $3B. Several other coins had a very good week in relative terms. Stellar managed to gain 26% during the week, while Maker increased its market cap by 24% w/w. LINK was also in the group of significant gainers, adding almost 15% to its total capitalization. Within coins in circulation there had again been some interesting developments. BNB decreased its circulating coins by 1.3% on a weekly basis, which is something not frequently seen on the crypto market. At the same time, Algorand continues to increase its coins in circulation by 1.1% during the previous week. Solana had an increase in coins by 0.3% w/w, same as Stellar. Crypto futures market Crypto futures market was in a modest correction during the previous week, but most importantly, the prices are still holding above significant levels. BTC short term futures were traded lower by 1.3% on average, which is in line with the spot market. Longer term futures were lower by more than 6%. Futures maturing in December this year are still holding above FWB:31K , finishing the week at level of $31.115. At the same time, futures maturing in December 2024 were last traded at price $33.605 on CME, down from $35.8K traded a week before. ETH short term futures had a lower drop during the week than the spot market. These were traded around 1.5% lower from the week before. Longer term futures were traded around 6% lower from the week before, with December 2023 finishing the week at level of $1.942, while December 2024 ended the week at price of $2.064. On a positive side is that the price is still holding above $2K, which is a psychological level for ETH. by XBTFX8
TOTAL AnalysisWe have two target for Total in 2025. The lowest and first target is 6 to 7 trillion and the highest and second target is 10 to 12 trillion. I believe that the market cap will reach 10 trillion and the second target in 2025. by aH08SOJUpdated 12
CRYPTO TOTAL MARKET CAP It doesn't look good bruv 😕 I am closing my BTCUSDT.P Long position Will have another look later today Enjoy this beautiful Saturday by vagada0
The Crypto Market Shakeup (#TOTAL): Breaking Through Key Support🌴 Paradisers, let's delve into the recent developments surrounding the Crypto #TOTAL Market Cap and its potential implications for the cryptocurrency market. 🌴 💎 A significant event has occurred as the Crypto #TOTAL Market Cap broke through a crucial demand area, signaling a potential shift in the overall trend. Adding weight to this observation, a confirmed Head & Shoulders reversal pattern has emerged, indicating that bears have gained complete control. This situation undoubtedly favors the continuation of the downtrend, presenting a rather negative outlook for the crypto market. 💎 At present, a minor pullback would be deemed beneficial for market health. It is anticipated that CRYPTOCAP:TOTAL will reach the previous demand level, the current supply zone, and the downtrend trendline. Should this scenario unfold as expected, it is likely that whales will begin accumulating short positions, leading to a consolidation phase. This consolidation phase sets the stage for #TOTAL to approach the $950B support area, completing the Head & Shoulders pattern and potentially dropping further to the $876B level. In the event that downtrend pressure remains robust, the final wave down could drive the price as low as $800B. Importantly, this support area finds confirmation from the 88.6% Fibonacci retracement and the Volume Profile level. 💎 However, it is crucial to keep in mind that the bearish scenario will hold true only if #TOTAL fails to breach the $1.138T resistance, which previously acted as a bounce point off the downtrend trendline. Shortby MyCryptoParadiseUpdated 2
Crypto Total Market Cap (TOTAL) can jump by over 40%💎 This is a follow-up on our last #TOTAL forecast, where we anticipated the continuation of the downtrend but considered an alternative scenario as well. Now, the tide has turned as the bulls conquered the supply zone, making our alternative scenario the main focus. 💎We witness the fascinating transformation of resistance into support, with #TotalMarketCap trading close to the long-term uptrend trendline. As long as we avoid a new lower low on the daily chart, the crypto total market capitalization is poised to surge further. 💎This could mark a significant uptrend, particularly since our critical resistance is positioned near 1.6T, a staggering 40% above the current demand zone. Paradisers, take note that this bodes well for the overall cryptocurrency market, and certain altcoins may experience growth of x5, x10, or even more in the upcoming weeks. 💎The MCP team diligently monitors the current support while unearthing those precious crypto gems. Stay tuned as we navigate the exhilarating crypto landscape! 🌴Longby MyCryptoParadise1
TOTAL CarnageA lot of investors are probably asking, WHY IS THIS HAPPENING? We're seeing unbelievable amounts of deleveraging, not just in the cryptocurrency market. Over the last several months, I have posted consistently on why I believed there was significant risk for something like this to occur. Within the crypto market itself, we're now seeing consistent bad news. Trust is evaporating, as participants now feel that nowhere is safe. The profiteers and the moguls are now being exposed, and the system is failing. Microstrategy's share price is in freefall - and this is something I suggested could happen months ago, before the broader market was considering this as a significant risk. Here is my post about MSTR and Bitcoin from April 30th: Bitcoin has declined over 20% since that post, while MSTR has collapsed by a staggering 50%+. This tells me that it is very possible investors see Bitcoin has worth far below its market value, and see it as a big risk to Michael Saylor. That means Bitcoin can fall quickly to sub-$20k levels. Bitcoin has also now broken its long term trend against SPX convincingly. If Bitcoin is to head back to those lower levels against SPX, and if SPX drops by another 30-50%, Bitcoin could collapse to lows not seen since the 2018-2020 bear market, meaning Saylor would indeed be liquidated at $3.5k. Already, many altcoins are deflating at an alarming rate back to some of those levels. And why would SPX drop by another 30-40%? It's still a ways above a pretty significant long term trendline. If markets can't get it together soon, that remains a glaring target. Here is where I wrote about the asset bubble and the (actual) death of Bitcoin: Recently, I wrote about a potential altcoin collapse after noticing the long term trendline break for Litecoin: I even wrote about an altcoin capitulation back in March, right before the last major market bounce: Now as for that bounce to $46-48k, here is the post where I speculated why it could happen. Pressing play on this one is fun. Here are a few of my bearish altcoin posts from the last few months, including where I showed weakness in the Terra (LUNA) chart, while it was still above $90. Pressing play on these charts is also fun, but in a bit of a sickening way. Terra (LUNA) Cosmos (ATOM) Solana Polkadot Looking at the above chart for this analysis, you can see that the TOTAL cryptocurrency market cap is now back inside of a broadening wedge pattern, which momentarily broke out to the upside this year. This is after already breaking a couple of long term uptrends. Falling back inside the wedge and failing to close this week above leaves room for TOTAL to continue its free-fall towards 2018 valuations. This means that Bitcoin can return to $20k or lower within the next week or two, while ETH can venture back to near $1000. There is not much technical support at this point for the market, should the current level fail to hold. This is what a free-fall truly looks like. If this occurs, it would be continued disaster for the crypto space, as exchanges would likely not have enough stablecoin liquidity to support supply from sellers. Although it may seem impossible, the situation would actually escalate. I can't even imagine the level of nonsense that would occur in this instance, but people's funds would not be particularly safe, and it might even be impossible to sell. If exchanges do collapse, then it would be revealed that Tether was simply the largest counterfeiting scheme in human history, and quite successful. People forget that even once these schemes are revealed, the leaders of the schemes have already won and pocketed billions of dollars in real cash. Is there any hope? Sure, TOTAL could bounce back over that trendline before the end of the week. That would be a decent bottom signal. But then, in looking at charts for many "promising" projects over the years you'll see that most have failed to maintain significant value. People are holding out for another cycle, thinking that this is just "Crypto winter," and that the hype will occur again. I believe that crypto reached a critical mass - essentially the minimum required value for it to have a permanent negative impact on the broader sentiment towards the market. That value was over $2 Trillion. If this market were completely erased from existence, almost nothing would change about the world, except we'd need to find something more meaningful to believe in. All that energy that has been spent in crypto communities (much if it actually positive energy) can easily go elsewhere. This is not meant as financial advice. This represents my opinion, and so is meant for speculation and entertainment only. Over the summer, I plan to finally transition to YouTube for video content. So that’s something to look forward to! -Victor Cobra Shortby VictorCobraUpdated 4848266
Crypto TotalCapTotalCap has finished running flat still it may only be the first part of the correction but at the moment I am leaning towards the correction being complete and we should continue upwards in the 3rd wave.Longby MiroslavVnencak4
KDJ & Stochastic RSI --> Crypto BreakoutIn previous failed breakouts (marked by dark-shaded circles) KDJ and Stochastic RSI both peaked and indicated trend reversals to the downside. In the current breakout attempt, both indicators are close to their lowest possible points. Longby Sanzhar_m2
Crypto Growth: Inverse Head and Shoulders PatternsBullish Signals for BTC and ETH: Inverse Head and Shoulders Patterns Emerge with Promising Targets" Bitcoin (BTC) is showing positive signs today, as an inverse head and shoulders pattern emerges. The successful rebound from the 29,500 USD resistance level indicates a robust pattern in full swing, with a technical target set at approximately 30,630 USD. Excitingly, Ethereum (ETH) is also revealing a similar pattern on its chart, suggesting a potential boost for ETH in the short term. This bullish setup indicates favorable price movements for both BTC and ETH, presenting enticing opportunities for traders and investors. The target for the inverse head and shoulders pattern in ETH is expected to be around the 1954 mark. Moreover, the total crypto market cap is also exhibiting a similar setup and appears to be heading towards 1.2 trillion USD. The overall market sentiment remains optimistic, adding to the excitement and potential for further gains.Longby VanRojasCapital0
TOTAL (Cryptocurrencies Total Market Capitalization) Analysis Fundamental Analysis: The TOTAL or Crypto Total Market Cap is an integrated Complete Cryptocurrencies Market capitalization of all the Crypto coins and tokens and it is demonstrated against USD to show the total market capitalization of the entire crypto environment and it can be used for many speculation and hedging purposes in finance and other related sectors. it can simply interpreted as how much of fiat currencies has been spent or converted to the Crypto assets or how much is the total value of the entire crypto environment is worth presently in Dollars. by looking at this index and comparing it with the entire worlds market capitalizations we can understand how much more fiat currencies are there in the world to gets converted to the Crypto or the other way of looking at it is how much more time it takes to Concore the fiat world by crypto and decentralized open markets. TOTAL Chart includes all the Coins and Tokens i.e BTC,ETH... Technical Analysis: we can see that, the chart is currently at the Reaccumulation zone of Fibonacci Golden zone and it has formed Bullish Divergence with MACD Lines and Histogram, which is the sign of Bearish or Retracement wave end and Trend Change to the Next Bullish Cycle and start of the next Impulsive wave. we have specified the Fibonacci retracement levels which can be used as the significant Pivot Points and Support areas where it can be the best Price or undervalued price to Purchase and Invest on. there total of 3 Targets defined by Fibonacci Projection of the initial impulsive wave followed by its retracement after the Top Distribution. the 3 Target gets confirmed as the price triggers the 2 TP followed by some retracement and price correction. Longby BitonGroupUpdated 12
TOTAL (Crypto Total Market Cap) Index Analysis 05/01/2022Fundamental Analysis: a very simple way of Fundamentally analyzing this Index is to look for the other markets indices including US and Europeans ones, such as Dow Jones and S&P 500, it is very observable that these Equity Markets are very much inflated and shall Retrace to the lower levels and correct themselves and get converged to their intrinsic values. in other word we can say the liquidity shall get diverted from these markets to some other Asset Class, this means gold and silver as well as Digital Assets which are Cryptocurrencies and their underlying technology such as Blockchain and even their future Projects like DeFi and related Financial and Applied Areas. By looking at the current statues of the Equity Indices and analyzing them we can come to the conclusion that these markets are doomed to fall soon hence a massive transaction of their liquidity to these new Asset class. lets look at some of our analysis on these Indices such as DJI: US 500: it seems very obvious to us that the collapse of these markets shall Couse a huge rise on other alternative markets assuming the minimum retracement or fall of 20% for each market and considering their Market capitalization of 40.7 Trillion for US500 and 10 Trillion Dollars of DJI and of course the market capital of other European markets. the Domino effect of markets fall shall consequences to the other markets fall around the world, we can expect minimum of 4 to 10 Trillion dollars of Liquidity shifts from these markets to the Crypto currencies Industry and ecosystems. these massive amount of liquidity shift shall Couse a huge pomp and rise in the new and even old Projects on various sectors of Crypto world. mean while we may have some more fall of the Total Market Capitalization of cryptos to lower levels due to some existing fear and Rug pool and Scam Projects but these events should not be having any long term effect and can get recovered on a very fast pace. the other factors of the wealth transition to the decentralized finance world can be the totalitarians policies and dids of the different establishments around the world such as China, India, middle east counties, or even the implode of some dictatorships systems Like turkey and Iran which will drive the Public funds to more stable and liquidly asset class such as cryptos. the world banking system too has lots of over leveraged Projects which can be liquidated and Couse a huge market collapse and distrust with their investors the public which will eventually Couse the wealth transition to the decentralized transparent venues such as Blockchain based Cryptocurrencies. Technical Analysis: There exist A Hidden Bullish Divergence of Price with MACD, it occurs on a Bullish trend and it is a very significant Sign of Bullish trend continuation. the Hidden Bullish Divergence is specified with the Green connecting lines. we draw the Fibonacci retracement from the low point of 0 to the ATH where we can see the dips of the Price falls are having perfect confluences with the Retracement Levels of Fibonacci hence we defined our two Targets using the same Fibonacci extension Levels. as the Markets fall chances are still exist, we can use the retracement levels of the Fibonacci to specify the support areas and the market Reaccumulating zones for its new bullish trend initiations. by BitonGroupUpdated 2211
Crypto Market updateSeems Like Crypto Getting Ready For Massive Bullish Rally Total Market Cap Breaks Falling Wedge + Bullish Flag Recently ( Extremely Bullish Signs) Now Testing Crucial Horizontal Resistance Once Resistance Got Cleared Expecting Decent Recovery In Alts Bitcoin Longby Worldofchartsfx8
BITCON, TOTAL MARKET CAP & DXY - POSSIBLE BEARISH SIGNSI know the sentiment of late has been very bullish on crypto especially with the Blackrock ETF on the horizon. They just resubmitted their ETF application to the SEC for review today and approval of this would very likely cause a crypto boom. However, the Total Crypto Market Cap is showing signs of weakness which is causing me to reassess our current situation. Until the approval of this ETF, the market is fair game. Given the overall bullish sentiment in the market, a strong pullback would make sense to check the market and close some over zealous longs. The DXY has also had a very hard sell off. A small recovery could also cause further downward pressure on the crypto market. Looking at the chart for Total Market Cap, I've outlined the bullish inverse head and shoulders we have forming. However, the right shoulder has made a lower high followed by a nasty sell wick back below the neckline. I think it is possible that we see a sell off here as we form more of a bullish continuation pennant in this right shoulder before take off. The daily MACD also just crossed bearish and has been signaling some bearish divergence compared to the price action. The DXY chart (which will be included below) also had a strong sell off last week. A small recovery might be in store and this would add further selling pressure on BTC and the crypto market as a whole. I want crypto to moon like everybody else, but the tea leaves are signaling the time might not be just yet. Keep your guards up and protect your funds because you'll want as much as possible in crypto in this next boom. LFG!!by jpbrown1023Updated 0
MARKETS week ahead: July 17 – 23Last week in the news Aside from general developments on financial markets, the previous week was the winning one for Ripple and altcoins. The court ruled that XRP is not a security, which significantly boosted the price of this coin. The US equity markets were further boosted by the market expectations of the soft landing in the US economy. At the same time, the same expectation pushed the value of USD and Treasury yields to the downside. Bitcoin is ending the week relatively flat and modestly above $30K, while Ether is holding above $1.9K. Ripple Labs made a huge win in a lawsuit with SEC, as the court ruled out that in terms of the US Laws, XRP is not a security. Other rulings stress that sales on exchanges and sales by executives are not securities. However, there is a tricky part to a court decision. Namely, such outcome is based on a fact that during early 2020 investors were not able to fully understand the crypto, their price was just a little fraction of their current prices and regulators were only mildly interested in these digital assets. It was a huge win for XRP, but not for all investors in digital assets. Namely, the second part of the ruling suggests that institutional sales could not be treated as the offer and sale of investment contracts. This part of the court decision might have some impact on other SEC`s lawsuits against Binance, Coinbase or Gemini. Analysts are noting that the SEC might use these court conclusions against these companies, so it is still not time for a celebration. Positive investors sentiment was supported by the latest published figures on inflation. The Producer Price Index for June showed that inflation is slowing down at a higher pace as anticipated by the market. PPI for June was 0.1% and lower from 0.2% market estimation. Core PPI also rose by 0.1%. At the same time, released figures for the consumer price index for June showed an increase of 3% compared to the year before, which is its lowest level since March 2021. Such development is supporting investor’s opinion that FED might be at the end of its quantitative tightening period. The SEC filed a lawsuit against Coinbase for its staking products more than a month ago, while California, New Jersey, South Carolina and Wisconsin requested changes in Coinbase staking products. Coinbase strongly disapproves treatment of its staking products as securities, but will pause offering these products in mentioned states. Larry Fink, a CEO of the world largest asset manager BlackRock, talked again about crypto, after his company filed for the first spot BTC ETF a month ago. This time he noted his observation that there is increasing demand for crypto assets from those investors who previously preferred to invest in gold. He was also mentioning the role of the ETF`s in allowing easy access to gold, where BTC ETF might do the same thing. He also noted that their ETF will be “safe, sound and protected”. Luxury industry is just heating up for the NFT market. A famous fashion brand Gucci is preparing to release a digital NFT collection called “Future Frequencies: Explorations in Generative Art and Fashion”. The collection will be offered for a sale at auction house Christie's. Crypto market cap A week like the previous one is rarely seen on the crypto market. A lawsuit between SEC and Ripple Labs, which lasted since 2020 is finally resolved. There is a mixed sentiment as to who actually won the lawsuit, however, the most important part is that XRP is ruled not to be a security, as per current Securities Law in the US. This had a huge implication also for other altcoins on the market, for which the SEC recently claimed that they are securities. Market reaction was quite positive, where altcoins were leading the increase in total market capitalization during the previous week. BTC was left behind in this round. Total crypto market capitalization was increased by 4% during the week, adding FWB:44B to the market cap. Major coins on the market were participating with a modest 30% in this increase. Daily trading volumes remained elevated around $82B on a daily basis. Total crypto market capitalization increase since the beginning of this year is 56%, where it has added a total $422B to the market cap. Bitcoin was not the one to lead the market during the previous week. The coin remained relatively flat, ending the week with a plus of only $2B or 0.36%. Absolute winner of the week was XRP who skyrocketed after the news about SEC dispute resolution with an additional $12B in value or 51% w/w. Other altcoins were following the XRP, but at lower levels. Among those coins were Solana, with an increase in market value of $2B or 26.7%, BNB added also more than $2B to its market cap, increasing it by more than 6%, DOGE, ADA and Polygon added more than $1B each to market cap, increasing it by 11%, 14% and 18.5% respectively. It should be mentioned that Stellar increased its value by 31% w/w, but in nominal terms this increase was below $1B. There were also coins which lost some of their value during the week, like Bitcoin Cash, which was down by 3%, Bitcoin Gold was down by 3.75%, Litecoin lost 3% in value, while Maker dropped by 5.5% w/w. As for coins in circulation, XRP increased its circulating coins by 0.6% w/w, Algorand continued with a strong push in circulating coins adding 1.8% during the previous week, while Tether gained 0.3% of new coins. Crypto futures market Previous week was a rare one where the crypto futures market was not fully aligned with the spot market, but certainly, there are quite positive developments. BTC short term futures were down by some 0.3% on average, however, long term futures gained significantly. In this sense, futures maturing in December this year were traded by more than 4% higher from the week before, ending the week at level of $33.105. At the same time, the price of futures maturing in December 2024 were traded almost 10% higher, with closing price at $35.840. More important developments occurred with ETH futures. Short term ones were traded by 2.5% higher from the week before. Futures maturing in December 2023 reached level above $2K for the first time since April, and were 8.6% higher from the previous week. On a positive side is also that futures maturing in December 2024 skipped the $2K level, ending the week at price of $2.187 and 9.4% higher from the previous week`s close. Such developments imply increased market sentiment for both coins, especially ETH, suggesting that the price of coins will reach higher grounds in the coming period.by XBTFX9
TOTAL CRYPTO MARKET CAP : Dump incoming?Let's face reality. CZ and Binance manipulation cannot last too long. SEC incoming. Ripple vs Sec doesn't means a lot for the Crypto enviroment. What they say about XRP Token and Ripple could develop in a more difficult restricted area. However, we only rely on fundamentals (almost 90%). So what's next? 18 Jul : Circle add to reserve 500mln$ from Tbill maturity 20 Jul : Circle add to reserve 1.5bln$ from Tbill maturity 20-21 Jul : Options trading Stop and Expire 25 Jul : Circle add to reserve 2.5bln$ from Tbill maturity 25-26 Jul : FED FOMC. Interest rate hike +.25 (highly chance). Just remember they need House market collapse, because it influence from 30% to 50% the inflation problems So, to keep it clear : Circle liquid reserve will rise by 4.5bln to about 6.5bln. Meanwhile Options expire exactly few days before the infamous FED FOMC Meeting. THE IDEA Now I've applied a FIB Time to Total Market Cap and it indicate 21 Jul as trigger momentum for a possibile drop. And events are all around it. Usually Crypto market shake about 3 days before events. Circle liquidity will be injected in the Tether USDT system (usually about 1bln or 2 bln) to keep the market price up ... but who know if Total Market cap can resist. Also we don't know how long can last the Tether USDT fraud. They stopped the printer around 83bln, exact the same level of past Crypto Drop. So stay alert. Everything is aligned for something freaky. Usually prices pump hard in no time, and XRP is ALWAYS your RED ALERT BUTTON. When XRP price pump (without any good news, admit it) you know...it's loading. Best part is HOW LONG can a possible Crypto Bear Market last ? Fib Time say 24 Jun 2024, almost an year from now. Next BTC halving is planned for April 16 2024 . Let's say the coincidence aligns. My Total Crypto Market Cap targets are about 550bln and 320bln. If it will happen hard time for almost all Crypto retails involved will came. Just a reminder for you : IF Bitcoin will stay at 50% dominance and IF Crypto Market Cap will reach 50% of actual value, this means next Bitcoin price will be AGAIN around 16K... otherwise if our target is 320bln, you know 1/4 means (25%) Bitcoin price at 7750$, where all is started (if Bitcoin keep the dominance at 50%) Not Financial Advice. Only idea about what can happen and how.Shortby STABLECOINS_GURU2
Court ruling on XRP that ripple is not a security is good newsInverse head and shoulders pattern indicates reversal of trendLongby yogayengaUpdated 111
$Total Chart UpdateCRYPTOCAP:TOTAL chart looks very bullish. There is $95Trillion dollars in the stock market currently and only $1.2Trillion in all of crypto. I'll continue to stack the blue chip coins: CRYPTOCAP:BTC CRYPTOCAP:ETH $VRA. Longby Parsec14G0