Total Cryptocurrency Market Cap above $150 Billion, Is it too high?
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it's not too high some investors are seeing it as an alternative to other investments like stocks and shares.
I agree, the market cap can go much higher
There will be a lot a crypto hedge funds created before the end of the year opening up options for more and more traditional investors. If anything the market cap is to small!
The market cap will go up a lot once we have the first official Crypto EFT
I think alot of that value has coming from essentially doubling the amount of bitcoin and unless bitcoin cash gets more support I think that cap will quickly shrink by about a quarter.
Interesting point, I still hold some BCH at the moment. Not sure if I want to sell it.