I don't get it either. Overall the marketcap is down 5% from the high of 208 billion a few days ago. BCH is only up 7 billion from 11/04, my last market snapshot. BTC is down 14 billion. Yet most of the bigger alts are down 10-20%. My tools are too basic to see where the $$$ is but it isn't in the top 100. Tether is only up 64 milion from 11/04. Strange days indeed.
It's november now, coins have done very well this year, rised alot. I think many people have cashed out their profits.
I thought that too but the market cap doesn't agree. I know most of the influx after China contracted pussyitus went to BTC but the cap is still near an ATH at 200 billion, not far off from the 208 billion hit just a few days ago. I'm not saying something funny is going on, just that the market is acting insane. So many knee jerk, inexperienced or greedy investors make prediction, technical and even most fundamental analysis completely useless. Oh well. I'll still keep dropping about $500 a month across the top 100 until I get that early retirement nailed down. Better than wasting it on easy women and other vices.
? FIAT?