currently the total market stamp is only 264 billion dollars left, it means it has lost 100 billion from the beginning of last month. this is very bad and if the market goes down again, I can not imagine whether the market can recover or not.
In my opinion lost 100 billion will not destroy the cryptocurrency. Everything is problematic now, but worster time cannot destroy something that arose so many years
Even though market will goes lower than that we does not know what will happen but i am sure the crypto market will still recover again. Crypto market before is not this big now, but as we can see crypto market reach up to this rate now, and i guess it will surely recover again.
Of course there will be recover. I myself not so concerned about the declining marketcap in the crypto. if that's true, I think that's a natural thing? the crypto market is more likely to decline and of course the doubt will be overwhelming most traders to buy and get into the market. I think if the market starts to be conducive. marketcap will definitely be bigger than ever.
I also think so, but many of the other people's concerns make me a pessimist. Indeed crypto will not be destroyed, but if the market is stuck like this, it will create fear to investors or newcomers.