The last days were more than volatile. Bitcoin broke down nearly 50% and dragged everything else with it into the abyss. The bottom went deeper and deeper. And it looks like the prophecy of Arthur Hayes, the CEO of BitMex, has come true. Ethereum.
Sometimes it helps to take a step back from the details and take a look at the bigger picture. Same in crypto. You have the possibility to take a look at the development of the total market capitalization and it tells you a lot about the situation we are in.