Crypto Market Capitalization Reaches $121.5 Billion
Good morning, Steemians!
This morning I woke up and saw that Steem had risen to $1.40, Bitcoin was approaching $3,500, Ethereum was at $275, and Litecoin was at $47.
Then I headed over to https://coinmarketcap.com/currencies/ where the market capitalization for all cryptos has reached $121.5 Billion, the highest I have ever seen. Most cryptos are in the green this morning.
While cryptos move higher, the dollar index is falling. It's currently at $93, when just 6 months ago it was at around $102.
We would then expect the precious metals market to move higher, but we know it's definitely manipulated.
Are you daring to buy cryptos right now? I won't touch Bitcoin right now, for I fear we might see a massive correction shortly, at which time I might buy in a bit. Are you purchasing PMs? Let me know :)
Thanks for stopping by, Steemians!
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