#MercadoCripto While we observed the abrupt drop of the #Altacoins , we must always remain calm and proactive. I call it a 'Christmas Gift' because it was the opportunity to buy cheap, so that later we can sell at a higher value.
But I wonder, how did the distribution of market capitalization change? Just out of pure curiosity, if the king ($BTC ), the prince ($ETH ), the memes, the stablecoins, or the rest ($BTTC Altcoins), which of them were involved in the change?
Let's look at the market distribution from Friday, December 6, its behavior over the last month.
Let's compare with today's distribution and analyze.
At the outset, the Market Capitalization (MC) fell from 3.57 to 3.43 T.
If Bitcoin went from 1.94 to 1.92 T, with a variation of -0.2 T.
Ethereum transitioned from 465.5 to 439.9 B, a variation of -25.63 B.
The Stablecoins varied from 191.6 to 193.9 B, a positive change of 2.2 B.
The rest, which are all the other coins, went from 974.8 to 890.8 B, a change of -87.0 B.
Now we can say that Ethereum investors, like those who held any coins from the rest, sold either because they knew a drop was coming or did so when they were scared and didn’t want to lose more than they had invested. Whatever happened is in the past, and it's better to wait for better times.
I try to relate why the future president was buying Ethereum instead of Bitcoin; he has insider information. Is he a market manipulator? I'm just asking the question because the doubt arose.
Well, this is a possible explanation for the drop, the redistribution of market capitalization also provides us with important information. Good night ♥️.