How much is the global crypto market cap?

It is precisely today USD 995 billion, a 4.78% increase over the last day.

Where does it go?

Please look at the graph below. There are two options: (i) it will continue to increase or (ii) it will decrease, like for the first peak three years ago. Honestly, looking at this graph, what is your gut feeling?... Please remember that lots of Americans used the Biden stimuli injected in the economy to buy Bitcoins through Paypal. Like you all know, when the newbies start to enter the game, that's the beginning of the end... So I would be very cautious in the next few days. I would recommend to stay away from Bitcoin for the time being and to buy huge potential DeFi tokens.

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Note: I am not a financial advisor, please do your own research.