While overall marketcap is a bad indicator of the value of the market I think its a good indicator of money leaving or coming in. If its not growing but certain coins are growing that just means people are moving money around.
One interesting thing is Im hearing were seeing an increase in volume across the board and have heard more than a few times that volume usually preceeds price.
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Considering that most of the volume is flowing through Tether and other Stablecoins also supports that altcoins may be due to outperform bitcoin in the short term. We already see some diverging from its performance.
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