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RE: Crypto Market Crash - When Will the Crash Stop? - CryptoCurrency Market News

Last 72 hours??? Try the last 30 days. The market had a massive uptake through December and early January. On Dec 1 the market cap ws roughly around $318 billion and in a very short few weeks it soared to an all time high of over $800 billion by Jan 7th. What I see is that the market has now come back to the point where it was before that boom.
Screenshot 2018-02-06 at 12.58.47 PM.png
The explosion in market cap was an unexpected phenomenon at the moment. Although many of us do believe the market is destined for great things and a billion dollar market cap might be in the future this rise was something that no market could sustain for long term growth. Long term growth and stability comes slowly. This was a surge that got the most amateur of investors involved and as things turned sour we can see that they have clearly gone running for the hills and are hiding their cash.

By no means do I pretend to be an advisor but I know that solid growth is still in our future and I am going to continue to HODL!!!!

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I agree i think that we boomed so fast from December to January that it resulted in a huge correction and massive selloffs.

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