The Great Bull Run of Alt Coins

Market Summary – a historic Bull Run of alt coins

In the past month, the value of all crypto currencies has doubled from about $400B to about $800B.  They are now worth about 5.5% of the M2 dollar supply.

Bitcoin’s share of value of all crypto currencies has fallen from 60% to 35%, this despite its price being up slightingly, from $16.5k to $17k.

This tells you what an unbelievable bull run the alt-coins have experienced.  It’s largely uncelebrated, and unknown, but holy smokes.  This has to have been one of the great bull runs of history.