There is a long way to go down too. A look at the past 6 months, crypto has been at the top for a while. All those new buyers, are shouting the HODL mantra. I don't blame them- and I am not selling my BTC either.
https://bitcointicker.co/stamp/btc/usd/6Mth/
This hour its the stablecoins that are holding. That is what they are for, so that when Bitcoin falls you can trade for some Tether or BUSD or USDC. The CBDCs will be stablecoins too. This will be the future of crypto if we are not careful. Stablecoins for you... stablecoins for everyone!
Will we see even lower valuations? If BTC falls to 20k or 10k will you buy more? If ETH flips BTC, will you consider ETH to be the success and Bitcoin to be the failure? What do you think of the top market cap coins?
$0.42
Dogecoin is now down to 2.25%, and
Ethereum is up to 19.45% of all crypto
( -5.0% to $3,975.29 )
and Bitcoin has fallen to just 40% !
Even Bitcoin Cash is down -17.4% ,
will the real Bitcoin please stand up?
Most of those are dollar pegs.
Everything is down this past hour, and the biggest gainer is PAX with a mere 4%, which is still better than its performance all week.
Best gain the past day seems to be NANO, AAVE, GT and KSM.
This is the time to HODL, friends. If you have it, don't sell it.
Keep powering up Hive, that is the safest bet it seems.
Update, an hour and some later here is what is moving.
