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$ 200 Bln Market Cape, $ 10 Bln Day Trading: How To Crypto Can 'Vortex' Go?

The following frenzy trading Bitcoin's push to $ 7,500 is in full swing with almost $ 10 bln changing hands in 24 hours.

Data from Coinmarketcap shows a combined $ 9.2 The world's cryptocurrency market cap is now over $ 200 bln, a new record, with Bitcoin accounting for $ 125 bln.

Trace Meyer describing it as a one-of-a-kind wealth transfer. He told the audience in a reading at LaGuardia Community College in New York this week:

"This vortex that's just going to suck in so much of the world's capital … it's going to be a wealth transfer

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Commenting on the price and volume growth, instant conversion platform Changelly told Cointelegraph the lead of the SegWit2x hard fork was the dominant factor influencing markets.

"We suppose that the possible Bitcoin hard fork BTC, exchange of BTC and exchange so-called altcoins to BTC, "Huge demand," CEO Konstantin Gladych said.

"We are the key reason for the tremendous uptick …" 've seen 3x ew days on Changelly. "

Cultelegraph reported Thursday.

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