Market Cap's Indirect Impact on Crypto Price Movements

The market capitalization (cap) doesn't reflect actual cash but instead indicates the market sentiment towards an asset. For example, Bitcoin has a high cap, but the amount of actual money involved isn't as large. If a major player, say with 100 Bitcoins, decides to sell, the price could fall significantly unless buyers step in with a substantial volume, like 10 million dollars. Conversely, if the cap is small, less money is needed to stabilize or increase the asset's price. The relationship between cap and market activity is definitely present, but it's not a direct cause-and-effect like steering wheels turning wheels. Instead, it's more indirect—similar to how turning a boat's wheel to the right gradually begins to turn the boat. That's the essence.