The Crypto Market Is In Big Trouble If This Happens (Could Lead To Bankruptcy)

Know the prices of cryptocurrency is going down seemingly day after day after day. A lot of investors are wondering when is it going to stop? When will cryptocurrency bottom? Is sheba inukoy done? Is bitcoin down? Is the theory of done? All of these questions, of course, are they're an indicator of uncertainty? And uncertainty unfortunately, leads to further declines. As in this video. I want to go over a couple of the numbers that are indicative of the overall cryptocurrency market. We're going to talk about market cap. We're going to talk about overall crypto volume, what it means for where we are right now, and of course, a little bit of a glimpse into what we could see happen in the future. So if it sounds like something you're interested in, let's get started.

Let's talk about these cryptocurrency, the overall market numbers really quick and then jump into some expectations that are going on out there as far as bottoms and bull markets and things like that are concerned. So there is currently an overall market cap of around, I'm going to say around $890 to $900 billion. It sounds like a lot, but in the grand scheme of things, guys, it is a very small amount compared to one what cryptocurrency has been worth, but an even smaller amount compared to what cryptocurrency will and could be worth. I mean, you're looking at a billion dollar company, a 900 billion dollar market cap for the entirety of the crypto market. I mean, you get companies, the United States companies that trade on the New York Stock Exchange that are worth more than the entire cryptocurrency market. So it's very interesting to see such a, I mean, such a player as cryptocurrency in the future that it has. But it's trading in only an $890,000,000,000 market cap right now, extremely low. And what we see is a 40 plus percent decrease in trading volume. Now that's day over day and roughly $64 billion in the entire cryptocurrency market has been traded in the last 24 hours that is dramatically lower. Now here's a couple of things that these numbers are going to lead to anytime you have such a small asset. And of course, Bitcoin is the largest of the cryptocurrencies, but I'm talking in general, this entire market is only worth $900 billion. So it is very small in terms of overall wealth and overall worth of so many other assets out there. There will be skeptics. You don't hear people out there saying that, well, you know what the United States stock market is? It's a scam. The United States stock well, you do here. I think it's a scam because they see the manipulation and corruption on Wall Street day after day. But what I'm saying is you don't see them saying that the United States stock market is not here to stay. You don't see them saying that all of the gold that is out in the world right now is not here to stay. You don't see people saying that the real estate market is going to go to zero. Clearly these things have value.

One of the reasons people see the value is because they're valued at trillions, tens of trillions, hundreds of trillions of dollars when you add up the entire market cap. And in regards to that, cryptocurrency being so low gives us the opportunity to grow over time to wealth and worth that we have yet to imagine. So in and of itself, crypto being so small is going to be like fuel for the fire for the skeptics that are out there. And they're going to tell you it's going to go to zero, they're going to tell you it's worthless, they're going to tell you all of these things and then they're going to be buying in the same breath so that they can have a little bit of exposure just in case something does happen. But we know what they're doing out there. Let's talk about the volume, though, because I'm actually a little bit more concerned about the cryptocurrency volume than I am the overall market cap right now. Now why is that? A slow and low volume, meaning very few trades are taking place indicates a couple of things. One, buyers are still not willing to place bets and place trades and invest in the cryptocurrency market. Higher volume indicates one of two things. Either we have a huge sell off occurring or a lot of buyers coming in. So we need those buyers that are out there to support the overall market. But more important than that, all of these centralized cryptocurrency exchanges, coinbase and Webull is getting into crypto wallets. Now Robin Hood is out there. You've got Voyager Link in the description, right? Kucoin Kraken I don't care what cryptocurrency exchange binance being a very, very large one, I don't care what cryptocurrency exchange you name, they make money when people trade. And people trade is volume. So if the volume is lower, these cryptocurrency exchanges are making less money. Now we've already seen Coinbase announce that they're laying off one 10 people. We've seen other cryptocurrency exchanges come out and say the same thing.

As the cryptocurrency market continues to fall in worth in price, I believe the volume is more than likely going to continue to the downside as well. It is going to get stagnant and it is going to get hard to hold because people are going to be whispering in your ear all day long that it's worthless, that you shouldn't be here, that you should stop this right now, that you should give up your dreams, that you should not be investing in cryptocurrency. And it's going to get very difficult for the centralized exchanges. So what we need to see if we are going to outlast this bear market. Especially if you are concerned about your centralized exchange that you use. If you use Coinbase. We already know that they've said during a bankruptcy they would be taking or could be taking all of your assets as you would not be viewed as an asset holder. You would be viewed as a nonsecured creditor. And that is wild that a centralized cryptocurrency exchange would be saying that. But if volume continues to go down, these centralized exchanges, their revenue continues to go down. If their revenue continues to fall, it could be a very difficult and vicious cycle. I mean imagine, imagine a Coin base for a second. You know, hypothetically speaking, if Coinbase did go out of business and the largest centralized exchange in regards of cryptocurrency is done for, don't you think panic would occur? Especially if the people who have assets on Coinbase have those assets taken from them? Even if it's dollars, even if it's hundreds of thousands, no matter what it is, if their assets are seized, if they are used as unsecured creditors, if the Coinbase goes under because volume is so extremely low, it could trigger a very, I guess, drastic measure and even further downside for cryptocurrency markets. So guys, these are some serious numbers that we are looking at. They are very important numbers that we are looking at and I hope that we look at them and give them the importance that they deserve. But I am still embarrassed in the short term, but I am absolutely bullish in the long term. I want to know what you guys's thoughts on their overall cryptocurrency market, the numbers that were just I guess displayed for you. Let us know what you guys think about those. And if this button right here is still red, make sure to click it. Subscribe to the channel. Join us, become a bro. We're here every single day and we are growing our portfolios together. Clay Bro 83 on Twitter and Instagram. You've got Voyager $50 in free bitcoin. You've got Weebly six free stocks. And until the next time, each and every one of you have an awesome day.