Did you see that Crypto Markets are now worth over $2 Trillion again? And this trend is just getting started, states JC Parets of AllStarCharts.com.
Bitcoin is now worth over $1.1 Trillion. Ethereum is now pushing $400 Billion.
When you add up all the other Crypto Currencies outside of Bitcoin and Ethereum, you're looking at close to $600 Billion in market cap. Keep in mind, that this asset class was down to just $730 Billion TOTAL in the fall of 2022. Take a look at the magazine covers from that period:
Could sentiment have been any worse? All that bad news the journalists were writing stories about was already priced in. It's been a series of higher lows and higher highs ever since. We call those uptrends, where I come from. Bitcoin is now worth almost as much as all the silver in the world, which is about $1.2 Trillion.
Bitcoin is worth more than Eli Lilly, Tesla, and even Berkshire Hathaway. These tokens aren't going anywhere folks. Digital tokens are becoming a bigger part of our daily lives, and that's not going to change any time soon. So you better get used to it.
To learn more about JC Parets, please visit AllStarCharts.com.
