According to CoinMarketCap Statistics, as almost everyone now have agreed to be in the Bull-run period, the Market Capitalization of Bitcoin along with the entire cryptocurrencies now have $263 Billion from last week's $186 Billion in U.S. Dollar Value.
This means, a lot of people and even major companies have really invested into buying Bitcoin and other cryptocurrencies.
Please take a look at the screenshots:
Last May 10, 2019 - the Market capitalization of the whole cryptocurrencies are in a stable 3-day period of 186 Billion Dollars. As the price of BTC rallied with a surge hitting the $8,000 mark from a month-stable price of $6,300.00 , a lot of people already started exchanging fiat into BTC (Bitcoin Dominance is 53%) and the rest is already divided into several altcoins.
Yes, 263 Billion Today (May 16) minus 186 Billion 6-days ago is a whooping $77,000,000.00 added to its pool of value.
If the Market Cap of the entire cryptocurrencies sometime in November 2018 was able to drop 15 Billion dollars in 24 hours, it also has the capability to climb 70% in a few days even less than a week as this chart states.
Formula: ( 186 Billion / 263 Billion) x 100% = 70.7%
Let's also check CoinGecko to compare and see the contrast to whatever values CoinMarketCap is giving us.
It is much likely to have a difference of $10 Billion. You just have to decide which platform would you trust providing these stats.
As the saying goes:
Let's strike while the iron is hot
We wouldn't want ourselves to get left behind.
Let this message be engraved in the Social Media Blockchain that I was able to get everyone aware thru this post and the one that I have shared 4 days ago at the time of writing.
Let's now Buy HYDRO and BNTY while we can still afford to buy in bulk.
I have created this awareness post really short for everyone not to have a rumbled thoughts from the main idea I want to convey contrary to my previous posts where I am really sharing a lot of information about the cryptocurrencies that I share. If you do have some insights to share why the Market Cap of cryptocurrencies rose to this occasion then do not hesitate to post it in the comments.
Thank you so much for dropping by and reading this viable info shared to all cryptocurrency enthusiasts!
This post was also shared on my steemit post with few minutes interval.