There's not much that's tanking. There's rotation from one coin to another, and Bitcoin suffers as it is the counter-party to most pairs. If there's a bubble building it will be some time before it bursts - total market cap hasn't even reached $1 trillion yet.
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Agreed. Currently we have about .05 of the worlds currency in crypto. I think when it reaches about 5%, then the bubble will be more susceptive. Exciting time we live in, interested to see what the future of crypto bring to this world.