4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

us stocks not so attractive but crypto is

money is flowing out of the us stock market and it doesn't all seem to all be going into other real world assets like gold, cars, stocks and houses. so where is it going?
this is where cryptos come in their market cap has raised significantly by almost 70bln in last month so are investors going into the crypto world?

well i think that there is allot in the possibility of allot of investors, beginning to move some of their money out of stocks and(30bln lat ten weeks) into a new asset class (crypto), they seem to be moving towards cryptos with a bit of momentum, this is good for both cryptocurrency and crypto assets, I doubt that there are many investors moving a large amount into the market, but I think allot of investors are moving small amounts of money, to the new asset classes. you can see that is an upsurge in the amount of both volume and market cap in crypto in USD. and most seems to be going to bitcoin.

graph from https://coinmarketcap.com/charts/

this seems to be made up of allot of usd

Graph from https://data.bitcoinity.org/markets/volume/30d/USD?c=e&t=b&vu=curr

3 upvotes $0.00

Replies (1)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: