Flirting with $400B again

[The CC Forums]

The crypto market briefly topped the $400 billion market cap level a little earlier today. Bitcoin cash led the way amongst the top market cap coins with over 13% 24 hour gain.

Market has dipped back under that level in the last hour though.

 

[CryptoTC]

It has definitely been a refreshing few weeks after the first quarter market drubbing.

Do you think this uptick has legs though? I keep hearing about institutional investors moving in and there are links to a few external articles on these forums. I guess the big boys will keep market moves quiet to avoid raising their own entry price or to keep from spooking the markets when they sell.

It’s not like stocks where trades by certain people or above certain amounts have to be reported I guess.

 

[The CC Forums]

Up to $450B now. I do think Goldman Sachs will lead other investors into the space and drive prices higher, at least for the top 5 currencies and maybe a few key projects outside the top 10.