Market Feelings: July 11
Top 10
My Coins
My Feelings
Even though a lot of coins are looking red the loses are relatively small. No big movements within the market or the top ten.
The total market cap is hovering around $250 billion. It has spent much of the year at this level. The market used to occasionally rebound to $500 billion but it seems that $250 billion is becoming the new normal.
I thought that escalating tariff battles across the globe may drive people to crypto. However, the markets have been surprisingly resilient in the face of looming trade wars. I do expect the markets to start feeling them as time goes on, though. Whether those investors flock to crypto is anyone's guess.